LAKELAND, FL – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has retained the exclusive listing for Windover Apartments (photo at right) and Crosswinds Apartments, two multi-family properties totaling 240 units in Lakeland. The listing price is $13.9 million.Elizabeth Calleja, an investment specialist in Marcus & Millichap’s Tampa office, and Robert Goldfinger, a vice president of investments and director of the firm’s National Multi Housing Group in Tampa, are representing the seller.
“The Windover and Crosswinds apartment properties represent an excellent opportunity for an investor to acquire two, all concrete block, garden-style multi-family communities with great rental upside potential in the greater Tampa Bay area,” says Calleja.
Windover Apartments, located at 1108 S. Bartow Road, features 10 two-story buildings, totaling 120 units, on a 6.66-acre lot. Amenities include a swimming pool, clubhouse, barbeque, fitness center, laundry facility and car wash station.
Crosswinds Apartments, located at 3215 Baird Ave., features 21 two-story buildings, totaling 120 units, on a 7.1-acre lot. Amenities include a clubhouse with a big-screen TV, on-site laundry center, a swimming pool with barbeque and lighted tennis and racquetball courts.
Both properties are just a short drive from one another and boast excellent access to Interstate 4 and State Route 98. Windover and Crosswinds apartments feature one- and two-bedroom units and have undergone recent renovations, including upgrades to the roof, windows, sliding doors and kitchens.
CONTACT:
Stacey Corso
Public Relations Manager
Marcus & Millichap
2999 Oak Road
Suite 210
Walnut Creek, CA 94597
Office: 925.953.1716
Mobile: 415.672.6460
Fax: 925.953.1710
http://www.marcusmillichap.com/
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