Berkadia organizes the sale of a building with 276 apartments in Fort Lauderdale

Developed by Morgan in 2021, Riverland Apartments includes pool pavilions, a sunbathing terrace, a dog park and a heated pool that overlooks a lake.

FORT LAUDERDALE, FL. – Berkadia arranged the sale of Riverland Apartments, a 276-unit garden-style apartment community in Fort Lauderdale. Berkadia’s Roberto Pesant, Jaret Turkell, Omar Morales and Jose Mota represented Houston-based seller Morgan in the transaction. The purchase and sale price were not disclosed.

Developed by Morgan in 2021, Riverland Apartments comprises six four-story buildings with a mix of units of 24 studios, 164 one-bedroom apartments, 80 two-bedroom apartments and eight three-bedroom apartments. Community facilities include a business center, internet lounge, club room for gatherings, entertaining kitchen, fitness center, mail room with parcel lockers, covered lounge area with stations gas grill, covered lanai for lounging, pool pavilions, sun deck, dog park, and heated pool that overlooks a lake.

Located at 420 SW 27th Ave., the property is located near Interstate 95 and the Tri-Rail station. Additionally, the property is located two miles from downtown Fort Lauderdale and 7.8 miles from Fort Lauderdale-Hollywood International Airport.