Equity Sells Griffin Park Apts in Lakeland
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Equity Management Partners, Inc. sold the 173-unit Griffin Park Apartments at 1013 Griffin Rd. in Lakeland, FL to the joint venture partnership between Michaelson Group LLC and MKJS Enterprises for $ 10.08 million, or approximately $ 58,000 per unit. The 118,812-square-foot multifamily community was constructed in 1975 on 6.6 acres in Polk County and consists of one- and two-bedroom units in two buildings. Renovated in 2015, the asset was 97 percent…
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