As reported in The Real Deal.

A Miami-based real estate investment company bought a 72-unit low-income housing building in Opa-locka for $8.2 million.

A company tied to Ignacio Murman, CEO of Steelblock, bought the building at 13300 Alexandria Drive, according to a press release.

At $120,833 a unit, it is the highest price-per-unit sale in the history of Opa-locka, according to the release. The previous record was $110,000 a unit.

A company tied to Jorge Lopez of the Lopez Companies sold the building. The Lopez Companies previously bought the building in 2017 for $5 million, according to records. The building has 66,000 square feet and was built in 1972.

Available units include a 691-square-foot, two-bedroom, one-bath apartment renting for $1,250 per month; and a 1,025-square-foot, three-bedroom, one-bath apartment renting for $1,500, according to an online listing.

In January, Steelblock bought another Opa-locka building for the same price. The 118-unit complex at 14255 to 14460 Northwest 22nd Avenue sold for $70,000 per unit.

Other recent multifamily deals in South Florida include $13 million for the 66-unit Hilton Estates buildings in Hialeah, and $67.5 million for a 218-unit development in Fort Lauderdale’s Flagler Village.