ORLANDO, FL --- Hendricks & Partners, one of the nation’s largest and most active multi-family investment banking and research companies, recently negotiated the sale of the Lexington Park Apartments (top left photo)on Westgate Drive in Orlando for $15.9 million.
Cole Whitaker, partner and director of the Southeast Division of Hendricks & Partners, negotiated the sale of the 252-unit apartment property with associate partner Hal Warren in Orlando and senior investment advisor Jason Stanton in the firm’s Tampa office.
Hendricks & Partners represented the institutional seller. The buyer was not disclosed.
Built in 1988, the three-story garden style apartments total 210,812 square feet of rentable living space with one and two bedroom units and an average monthly rent of $716.
For more information, contact:
Jason T. Stanton CCIM, Senior Investment Advisor, Hendricks & Partners, Direct: 727-674-4097; jstanton@hpapts.com
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