September 5, 2019 Comments Off on North Port Apartment Community Trades for $43M Views: 399 Central Florida, Florida News, Top Florida

North Port Apartment Community Trades for $43M

Cushman & Wakefield has arranged the $43 million sale of Lakes at North Port, a 312-unit, garden-style apartment community in North Port.

Located at 1015 Ohana Way, the property is situated on approximately 27 acres and is comprised of 14, three-story buildings. Amenities at the 95%-occupied community include a resort-style swimming pool with sundeck, clubhouse, pet park, playground, and picnic area with grilling stations, as well as a fitness center and 10 reserved parking spaces for boats and RVs.

Nick Meoli and Mike Donaldson of Cushman & Wakefield’s Florida Multifamily Investment Sales Team represented the seller, Canadian real estate investment firm Symcor Capital Properties, in the transaction. The buyer was Kansas-based investor and developer Cohen-Esrey Apartment Investors.

Connect With CushWake’s Meoli

Connect With Cohen-Esrey

Subscribe to Connect Daily Florida

For comments, questions or concerns, please contact David Cohen

Tags: ,

Comments are closed.

Send this to a friend