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Franklin Street Facilitates the Sale of 230-unit Multifamily Property in Port St. Lucie, FL
Port St. Lucie, FL – Franklin Street is pleased to announce the successful sale of a Class B, value-add multifamily property located at 1900 & 1942
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Port St. Lucie, FL – Franklin Street is pleased to announce the successful sale of a Class B, value-add multifamily property located at 1900 & 1942
March 27, 2015
Franklin Street announced the sale of Old Cheney and Abby for $1,400,000.
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HOLIDAY, Fla. – (September 3, 2014) —Franklin Street announces the sale of Park at Barrington for $12,300,000 representing $50,410 per unit.
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Colonial Ridge Apartments: A “regional owner” spent $14.2 million, or $73,196 per unit, to buy the 194-unit Colonial Ridge apartment complex on the west side of Orlando.
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“In some ways it’s a good thing for local developers because competition makes the capital less expensive,” said Greg Matus, Franklin Street Real Estate Services’ regional managing partner for South Florida.
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The Park at Barrington sold for $12.3 million, which represent $50,410 per unit. Franklin Street’s Darron Kattan, Robert Goldfinger, Kevin Kelleher, and Zach Ames represented the seller, a local investor. The buyer is also a local investor.
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Connie Selcis
Director of Marketing
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