New Towne Properties Pays $7.8 Million for Waterside Village Apartments
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New Towne Properties, an investor based in Largo, FL, acquired the 102-unit Waterside Village Apartments in St. Petersburg, FL from Mallah Enterprises for $ 7.8 million, or about $ 76,000 per unit. Located at 3600 49th Ave., the 31-buidling multifamily community was originally built in 1976, but was renovated in 1988. Waterside Village Apartments offers a mix of one- and two-bedroom floorplans, ranging in size from 420 to 840 square feet, according…
Tampa/St. Petersburg Commercial Real Estate News From CoStar Group
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