September 12, 2019
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.
For comments, questions or concerns, please contact David Cohen