TAMPA, FL, Aug. 27, 2010 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Holiday Oaks,(lower left photo) a 38 unit Apartments property located in Tampa, FL, according to Bryn D. Merrey, Regional Manager of the firm’s Tampa office.
The asset commanded a sales price of $1,025,000.
Michael P. Regan, (top right photo) a senior investment specialist in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.
The buyer, a nonprofit organization that utilized the City of Tampa’s neighborhood stabilization program, was also secured by Michael P. Regan.
It is well situated with frontage on Habana Avenue and situated just south of Hillsborough Avenue, a main, east-west thoroughfare of Tampa.
Just west of the property is Dale Mabry Highway, the main north-south thoroughfare of Tampa.
Press Contact: Bryn D. Merrey, Regional Manager, Tampa, (813) 387-4700
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