Blog Archives

Harbor Group Sells Emerald Pointe Apts for $37.5M

A private investor acquired the 441-unit Emerald Pointe apartments at 111 73rd Ave. N in St. Petersburg, FL from Harbor Group Management Co. for $ 37.5 million, or about $ 85,000 per unit. “The acquisition puts new ownership in position to implement a value-add program that will considerably increase revenue over the first two years,” […]

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Douglas Hirsh Enterprises Buys Park Village Apts in Largo

Douglas Hirsh Enterprises acquired the 158-unit Park Village apartments at 11300 66th St. in Largo, FL from Kimball Key LLC for $ 20.4 million, or about $ 145,000 per unit. The 166,208-square-foot multifamily property delivered in 1984 near the Gateway business district in Pinellas County. The community offers a swimming pool, clubhouse, playground and tennis […]

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Franklin Street Sells Westwinds Apts in Tampa

Franklin Street sold the 68-unit Westwinds Apartments at 5215 S. West Shore Blvd. in Tampa, FL for $ 9.25 million, or about $ 136,000 per unit, to McKinley, Inc. The 50,210-square-foot multifamily community consists of one- and two-bedroom units in six buildings. Westwinds Apartments delivered in 1985 in the Sun Bay South MF submarket. Darron […]

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Timber Trace Apts Trade for $7.4M

17th Street Apartments, Inc. sold the 116-unit Timber Trace Apartments at 11716 N. 58th St. in Tampa, FL for $ 7.4 million, or approximately $ 64,000 per unit, to SNS Real Estate Mgmt LLC. The 80,240-square-foot apartment community consists of one- and two-bedroom units in 32 buildings. It was built 1975 in the Temple Terrace […]

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Strategic Realty Services Pays $5.5M for Hillview Apts

Strategic Realty Services LLC purchased the Chez Ami Apartments and Hillview Apartments at 2023 – 2050 Hillview St. in Sarasota, FL from a private investor for $ 5.53 million, or about $ 92,000 per unit. The Chez Ami Apartments and Hillview Apartments portfolio consists of a total of 60-units in eight buildings. The multifamily buildings […]

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