Tampa Fl Apartment Or Condo Building Trades for $10M

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Marcus & & Millichap has actually prepared the $10.3 million sale of Lois Touchdown, a 56-unit house residential or commercial property in Tampa bay. The property lies at 215 S Lois Ave.

Casey Babb, Luis Baez and also & Shawn Rupp of Marcus & Millichap stood for the seller, an exclusive investor, in the transaction. The buyer was likewise a private financier.

“This successful disposition is a testament to the high demand for core house properties in the Tampa fl Bay MSA,” said Baez. “Our group partnered with the Vendor for over 2-years leading up to the sale and also wound up attaining 105% of his original prices expectations and also we expect this will be the initial of many such collaborations moving forward. The customer was not just attracted to the Course A+ area yet likewise the strong cinder block bones as well as the impressive job the vendor did with the rehabilitation.”

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