Wednesday, October 20, 2010
Hendricks & Partners Negotiates Sale of 300-Unit Sundance Apartments in Clermont, FL for $23.6 Million
ORLANDO, FL. --- Cole Whitaker (top right photo) of Hendricks & Partners, the nation's largest apartment property sales and research firm providing brokerage, advisory services and multifamily financing, recently negotiated the sale of the 300-unit Sundance apartment community on Johns Lake Rd. in Clermont for $23.6 million.
Whitaker, who heads Hendricks & Partners’ Southeast Division that includes Florida, represented the seller, CAPREIT.
Whitaker said Sundance Clermont, LLC, acquired the property, which was constructed in 2002 and currently reports 96 percent occupancy.
For more information, please contact:
Cole Whitaker, Southeast Partner, Hendricks & Partners 407-218-8880 cwhitaker@HPAPTS.com;
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142 firstname.lastname@example.org