ORLANDO, FL--- Hendricks & Partners, which ranks as one of the nation’s largest multi-family real estate advisory and research firms, recently negotiated the sale of the Crosswinds Apartment Homes, located at 500 110th Ave. North in St. Petersburg, for $13.1 million. Cole Whitaker (top right photo), partner at Hendricks & Partners who heads the Southeast Division of the firm based in Orlando, negotiated the transaction with Associate Partner Hal Warren (lower left photo) representing the seller Chicago-based Equity Residential.
The 208-unit apartment property totaling 153,984 square feet was built in 1986-87, Whitaker said. The units are situated in 13 two-story garden-style buildings on 18.5 acres with tranquil lakes and fountains.
Amenities include two laundry facilities, fenced pet-play area, resort-style swimming pool and separate spa area, private Jacuzzi, racquetball and tennis courts, and clubhouse with fitness facility and business center.
Covenant Capital Group LLC, a Nashville, Tenn. firm acquired the property.
For more information, contact:
Cole Whitaker, Southeast Partner, Hendricks & Partners, 407-218-8880, cwhitaker@HPAPTS.com
Hal Warren, Associate Partner, Hendricks & Partners, 407-218-8881, hwarren@HPAPTS.com
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142, lvershelco@aol.com
No comments:
Post a Comment