Independence Realty Acquires Lakes of Northdale
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Independence Realty Trust purchased the 216-unit Lakes of Northdale apartments at 16297 Northdale Oaks Dr. in Tampa, FL for $ 29.75 million, or about $ 138,000 per unit, from Robbins Electra. The 198,687-square-foot multifamily community consists of one- and two-bedroom units across 27 buildings. It was built in 1985 in the Northdale MF submarket, and was 93 percent occupied at the time of sale. Jamie May, Edward Yang and Jonathan Barclay of…
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