 |
| Stonewood Townhomes, Melbourne, FL |
MELBOURNE, FL, Oct. 9, 2012 – Marcus & Millichap Real
Estate Investment Services, the nation’s largest real estate investment
services firm, has announced the sale of 162 units in Stonewood Townhomes,
a 176-unit townhome community located in Melbourne, FL, according to Gregory
Matus, Vice President/Regional Manager of the firm’s Ft. Lauderdale office.
The asset commanded a sales price of $6,150,000.
Senior Vice President Investments Evan P. Kristol and
Still Hunter, III in Marcus & Millichap’s Ft. Lauderdale office and
Senior Associate Michael Donaldson in the Tampa office, had the
exclusive listing to market the property on behalf of the seller, a limited
liability company from Fort Lauderdale, FL.
 |
| Evan P. Kristol |
The buyer, a limited liability company from Cocoa Beach, FL was also
secured and represented by Kristol, Hunter and Donaldson.
Stonewood Townhomes is a 176-unit townhome community that
consists of 44 four-plex buildings on a 7.15 acre site of which 162 separately
parceled units were sold.
The unit mix is comprised of 24 one-bedroom/one-bathroom
units, 33 two-bedroom/one-bathroom units and 105 two-bedroom/one and one-half
bathroom two-story townhome units. The property is located at 325 E University
Boulevard in Melbourne, FL.
Press Contact:
Gregory Matus
Regional Manager / Vice President,
Ft. Lauderdale
(954) 245-3400
No comments:
Post a Comment