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 Roselea Apartments (top left photo) on
Ridgewood Ave. in Sanford for $3,465,000, or $26,250 per unit and $26.41 per
square foot.
The community was 60 percent occupied at the time of
closing.
Cole Whitaker (lower right photo),
partner who heads Hendricks & Partners in the Southeast, negotiated the
sale with associate partner Hal Warren.
Bob Hold, with
Hold Thyssen, acted as receiver and assisted in the sales effort.
The 132 unit Roselea apartment community was built in 1974,
with an average unit size of 994 square feet.
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;
Larry Vershel or Beth Payan, Larry Vershel Communications
407-644-4142 lvershelco@aol.com.
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