CKT Sells 400-Unit Bradenton Apts
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CKT Asset Management Company sold the 400-unit ParkCrest Landings apartments at 5725 1st Ave. E in Bradenton, FL to PASSCO Companies LLC for $ 75 million, or about $ 193,000 per unit. The 452,961-square-foot multifamily community consists of one- and two-bedroom units in 18 buildings. It was completed in 2015 in the Bradenton submarket. Jamie May of JBM Insitutional Multifamily Advisors represented the seller and was the sole broker in the sale…
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