Landings at Four Corners Sold for $34.5M
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Blue Rock Partners LLC acquired the 270-unit Landings at Four Corners apartments at 1000 Ketner St. in Davenport, FL from Bell Partners, Inc. for $ 34.5 million, or approximately $ 128,000 per unit. The asset was 95 percent occupied at the time of sale. The 516,840-square-foot multifamily community consists of one-, two- and three-bedroom units across 11 buildings. It was built in 2009 and sits on 19.2 acres. All apartments feature fully-equipped…
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