TGM Buys University Park Apts in Sarasota
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TGM Associates purchased the University Park apartments at 6001 Medici Ct. in Sarasota, FL from AXA Equitable Life Insurance Company for $ 70.55 million, or about $ 183,000 per unit. The 419,196-square-foot multifamily community was constructed in 1999 in the Sarasota County MF submarket of Tampa / St. Petersburg. The property consists of one-, two- and three-bedroom units across 19 buildings. Formerly known as The Tuscany, the asset was 96 percent…
Tampa/St. Petersburg Commercial Real Estate News From CoStar Group
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