Tuesday, October 4, 2011

CBRE Orlando Brokers $17.3 Million Sale of Harbour and Hidden Harbour Apartments in Melbourne, FL



MELBOURNE, FL--CB Richard Ellis is pleased to announce the sale of Harbour and Hidden Harbour apartments (top left photo and lower right photo) in Melbourne for $17,340,000.

 Built in 1987, the Harbours feature 378 units in two contiguous properties. The properties were 93% occupied at closing.

Shelton Granade and Luke Wickham of CBRE’s Central Florida Multi-Housing Group exclusively represented the seller. The closing was CBRE’s third in three weeks and a market-leading 17th multi-housing transaction locally in 2011 year to date.

Buyer interest in multi-housing assets in Central Florida has increased
significantly.

For further information, please contact the Central Florida Multi-Housing Group of CB Richard Ellis.

Shelton Granade,Senior Vice President, T 407.839.3103, shelton.granade@cbre.com

Luke Wickham, Director of Operations, T 407.839.3130


No comments: