Wednesday, July 17, 2013

$4.170 million multifamily property sold in Tampa, FL by Marcus & Millichap

                                                             
Green Oaks Apartments, 3801 West Tyson Avenue
Tampa, FL



Frank Carriera
TAMPA, FL, July 17, 2013 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Green Oaks, a 100-unit multifamily property located in Tampa, Florida, according to Richard D. Matricaria, regional manager of the firm’s Tampa office. The $4,170,000 sales price equates to $41,700 per unit.

Francesco “Frank” Carriera and Michael Regan, vice president investments in Marcus & Millichap’s Tampa office represented both the seller and the buyer, private investors based in Florida.

Michael P. Regan
Green Oaks was built in 1983 and is located at 3801 West Tyson Avenue.  The property consists of eight, two-story buildings on six separate parcels, totaling approximately 2.83 acres. 

The buildings are comprised of one- and two-bedroom units.  Amenities include two on-site laundry facilities and ample parking.  Roofs were replaced in 2012 and 70 percent of the units were remodeled in 2012.

For a complete copy of the company’s news release, please contact:

Richard D. Matricaria
Regional Manager,
Tampa, FL
(813) 387-4700


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