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New Ownership Promises Exciting Opportunities for Development and Community Growth Franklin Street is excited to announce a major achievement in the multifamily real estate sector
June 29, 2021
ST. PETERSBURG, FLA. — Franklin Street has negotiated the sale of Osprey Pointe Apartments, a 517-unit, garden-style multifamily community in St. Petersburg. The property sold for $56 million, or $108,317 per unit. Darron Kattan, Zach Ames, Avery Jordan and Mark Savarese of Franklin Street brokered the off-market transaction between the seller, Des Moines, Iowa-based BH…
Learn MoreJune 28, 2021
Apartments, a 517-unit, garden-style multifamily community in St. Petersburg. Osprey Pointe offers one-and two-bedroom units ranging from 625 to 1,058 square feet. Amenities include on-site professional management and maintenance, a tennis court, fenced playground area, dog park and a swimming pool and sundeck. The community is located at 1900 55th Ave. South in St. Petersburg….
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Franklin Street has arranged the sale of Osprey Pointe Apartments, a 517-unit, garden-style multifamily community in St. Petersburg, Florida, for $56 million, or $108,317 per unit. Franklin Street’s Tampa-based Multifamily Investment Sales Team of Darron Kattan, Zach Ames, Avery Jordan and Mark Savarese brokered the off-market transaction between the seller, Des Moines, Iowa-based BH Equities, and the buyer, New York-based Axonic Properties, LLC. Axonic…
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ST. PETERSBURG, FL – BH Equities has sold a 517-unit multifamily property in St. Petersburg, FL to New York-based, Axonic Properties LLC for $56 million. The purchase price of the off-market transaction equates to $108,317 per unit. The garden-style apartment community, Osprey Pointe Apartments, offers one-bedroom and two-bedroom floorplans, which range from 625 square feet…
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Axonic Properties acquired the property from BH Equities ST. PETERSBURG, FL (June 28, 2021) – Franklin Street has arranged the sale of Osprey Pointe Apartments, a 517-unit, garden-style multifamily community in St. Petersburg, Florida, for $56 million, or $108,317 per unit. Franklin Street’s Tampa-based Multifamily Investment Sales Team of Darron Kattan, Zach Ames, Avery Jordan and Mark Savarese brokered the…
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