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Sand Cos Sells Sawgrass Creek Apts in New Port Richey

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Sand Companies, Inc. sold the 45-unit Sawgrass Creek Apartments at 8800 Lazy River Loop in New Port Richey, FL to SG Apartments LLC for $ 7.6 million, or approximately $ 169,000 per unit. The 49,500-square-foot apartment community consists of one-, two- and three-bedroom units across three buildings. It was built in 2008 and was 97 percent occupied at the time of sale. Thomas Shelly of Sunshine Commerical Brokerage LLC represented the seller….
Tampa/St. Petersburg Commercial Real Estate News From CoStar Group

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