October 26, 2020
Marcus & & Millichap has actually agented the $2.5 million sale of The Grand, a 24-unit house building in Tampa florida. The Grand lies at 8731 N 50th St in Tampa Fl
Casey Babb, Luis Baez, Miles Tombrink and also Shawn Rupp of Marcus & & Millichap’s Tampa fl office represented the seller, a private financier, in the purchase. The purchaser was not disclosed.
“Due to the optimum direct exposure our advertising and marketing campaigns give, we were able to create a competitive bidding process atmosphere throughout the advertising and marketing process. This allowed us to strike a bargain over 98% of listing rate with positive terms for our vendor,” said Tombrink. “Regardless of enhanced misbehavior and also various other significant obstacles brought on by the COVID-19 pandemic, we had the ability to place a bridge lender to obtain the property enclosed a timely way, hence supplying one more instance of why our platform and also experience allows our clients to obtain the highest web profits feasible.”
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