Tuesday, August 8, 2017

Marcus & Millichap Brokers $2.32 Million Sale of Riverwood Apartments in Ruskin, FL

Ned Roberts
RUSKIN, FL, Aug. 8, 2017 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Riverwood Apartments, a 45-unit apartment property located in Ruskin, Florida, according to Ari Ravi, regional manager of the firm’s Tampa office. The asset sold for $2,325,000.

Ned Roberts, Michael Donaldson and Nicholas Meoli, investment specialists in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.

 The buyer, a limited liability company, was also secured and represented by the three brokers and Daniel Aviles and Michael Lombardi, investment specialists in Marcus & Millichap’s New Jersey office.

"We leveraged Marcus & Millichap’s national footprint to sell this asset for the full asking price," said Ned Roberts. "The sale price per unit set a new record for multifamily assets of this size and class in Ruskin.”

Riverwood Apartments is located at 709 Oceanside Circle in Ruskin, Florida.

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

Ari Ravi
Regional Manager, Tampa

(813) 387-4700  

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