Hendricks & Partners Negotiates $15.9 Million Sale of Lexington Park Apartments in Orlando

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:

Cole Whitaker, Southeast Partner, Hendricks & Partners, 407-218-8880, cwhitaker@HPAPTS.com; 

Hal Warren, Associate Partner, Hendricks & Partners 407-218-8881 hwarren@HPAPTS.com; 

Jason T. Stanton CCIM, Senior Investment Advisor, Hendricks & Partners, Direct: 727-674-4097; jstanton@hpapts.com

Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142 lvershelco@aol.com.