September 12, 2019 Comments (0) Views: 229 Central Florida, Florida News, Top Florida

CushWake Brokers $16M Sale of Tampa MF Property

Cushman & Wakefield has arranged the $15.9 million sale of Oak Ridge Apartments, a 137-unit, garden-style multifamily community in Largo.

Located at 13333 Ridge Rd., the community is spread across more than 12 acres and consists of a mix of two-story townhomes and one-bedroom apartments. Approximately 70% of the units have been renovated with new cabinetry, countertops, appliances, flooring and lighting. The community features two swimming pools with clubhouses, and the townhome units include private fenced-in patios.

Nick Meoli and Mike Donaldson of Cushman & Wakefield’s Florida Multifamily Investment Sales Team represented the seller, New York-based HKSK Corporation, in the transaction. The buyer is DLS Partners, LLC, which focuses on acquiring upside core multifamily assets in Florida.

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