CBRE Brokers $61M Sale of Pinellas Park MF Community
February 1, 2021
CBRE has prepared the $61 million sale of Entrance Lakes, a 329-unit, multifamily residential property located at 5501 100th Ave. N in Pinellas Park, FL.
Entrance Lakes includes 21 structures as well as is situated in the high-growth location of Pinellas Park. It features big floor plans, lake sights, exclusive patios and also amenities that include a heated health club, swimming pool, tennis court, playground, dog park and a lately renovated health and fitness facility. Eviction neighborhood is nearby the Portal Enterprise zone, St. Petersburg/Clearwater International Airport as well as downtown Clearwater and also St. Petersburg.
Francesco Carriera and also Michael Regan of CBRE represented both the buyer, TruAmerica, and the vendor, St. Regis Characteristic, in the purchase.
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