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Southpoint at Massapequa Trades for $48M

RREEF Sells 248-Unit Apartment Complex
By Alexander Ragonese
May 8, 2013 | 1:30 P.M.

RREEF America REIT Corp III LLC sold the 248-unit Southpoint at Massapequa apartment building located at 25 Weaver Dr. in Massapequa, NY to JRK Property Holdings for $48.15 million, or $225,000 per unit.

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News | Southpoint at Massapequa Trades for $48M