Commercial Real Estate, Capital, Insurance, Leasing & Management

Franklin Street Brokers $10.4M Sale of Orlando Apartment Community

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Franklin Street Real Estate Services has brokered the $10.4 million sale of Waterstone Apartments, a 208-unit multifamily community located at 5224 Long Road in Orlando.

ORLANDO, FLA. — Franklin Street Real Estate Services has brokered the $10.4 million sale of Waterstone Apartments, a 208-unit multifamily community located at 5224 Long Road in Orlando. Constructed in 1991, the wood-frame complex is comprised of two-, three- and four-bedroom units. Darron Kattan, Robert Goldfinger, Kevin Kelleher and Zachary Ames of Franklin Street represented both the seller, a private company based in California, and the buyer, FVP KP Waterstone LLC. The buyer used agency financing to fund the acquisition, according to Franklin Street. – See more at: https://rebusinessonline.com/franklin-street-brokers-10-4m-sale-of-orlando-apartment-community/#sthash.birBqq6L.dpuf

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