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POMPANO BEACH, FLA. — MAP Communities has purchased The Haven Apartments, a 56-unit community located at the corner of NE 16th Terrace and NE 33rd St. in Pompano Beach, roughly 10 miles north of Fort Lauderdale, Florida. The asset traded hands for $10 million.
Haven Apartments consists of seven contiguous two-story buildings on a 1.8-acre site. The community was built between 1969 and 1970. The community offers a mix of one-, two- and three-bedroom units.
Daniel Cunningham, Evan Richardson, River Rhoads, Dillon Majeski and Cory Sanchez of Marcus & Millichap’s Fort Lauderdale office marketed the property on behalf of the seller and procured the buyer. Both parties were Florida-based investors.