Hendricks & Partners Negotiates $8 Million+ Sale of The Park at Ashley Place Apartments in New Port Richey, FL

TAMPA, FL. --- Hendricks & Partners, which ranks as one of the nation’s largest and most active multi-family investment banking and research companies, recently negotiated the sale The Park at Ashley Place (top left photo) luxury apartments located on Vista Verde Drive in New Port Richey for $8.050 million or $56,293 per unit.

 The community was 95 percent occupied at the time of closing.

Cole Whitaker (lower right photo), partner who heads Hendricks & Partners in the Southeast, negotiated the sale with senior investment advisor Jason Stanton of the firm’s Tampa Bay office representing the seller, Blue Rock Partners, LLC.

The 143-unit apartment property was built in 1986 with an average unit size of 784 square feet.

For more information, contact:

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

Jason T. Stanton CCIM, Senior Investment Advisor, Hendricks & Partners, 970 Lake Carillon Drive, #300, St. Petersburg, 33716,  727-674-4097, jstanton@hpapts.com

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