Argenpart LLC sold 195 units in the Grand Reserve at Kirkman Parke apartments at 3301 S. Kirkman Rd. in Orlando, FL to ESG Equities for $22 million.
The 656,874-square-foot multifamily property was originally built as a 390-unit rental property before being converted to residential condominiums in 2005. The community offers a pool and spa, clubhouse and fitness center. ESG plans to continue capital improvements on the property.
Mariano Saal with TIR Prime Properties represented the seller. Darron Kattan, Kevin Kelleher, Zachary Ames and Robert Goldfinger with Franklin Street represented the buyer.