Milbrook Properties Ltd. Sells Serramar Apartments To Clarion Partners For $72M

On February 9th, 2022, Milbrook Properties Ltd. sold the 302-unit garden apartment community at 6701 W. Oakland Park Blvd Lauderhill, FL, Serramar Apartments to Clarion Partners for $72 million.

Built in 1986, Serramar features 16 garden apartment buildings, gated access, two pools, a lighted outdoor basketball court, dog park, car care station, business center, fully equipped gym, and two new BBQ areas. The property offers 5-floor plans with one and two-bedroom units ranging from 800 to 1,200 sqft. Additionally, Serramar has a 24/7 maintenance team and two leasing specialists.