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Hidden Oaks Apartments, Dunedin, FL DUNEDIN, FL – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Hidden Oaks, a 10-unit apartment property located in Dunedin, Florida, according to Richard D. Matricaria, Regional Manager of the firm’s Tampa office. |
The asset commanded a sales price
of $345,000.
Michael P. Regan and Francesco P. Carriera, vice president
investments and James Vestal, investment specialist in Marcus & Millichap’s
Tampa office, had the exclusive listing to market the property on behalf of the
local seller, a private investor.
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| Michael P. Regan |
The buyer, a limited liability company was
also represented by Michael P. Regan, Francisco P. Carriera and James
Vestal.
Hidden Oaks was built in 1974 and
is located at 590 New York Avenue in Dunedin. This 10-unit apartment
community is situated on approximately .55 acres of land and is comprised of
one, two-story building.
There is a mix of one and two bedroom apartments
and all units have central air-conditioning. Community amenities include
on-site laundry facility, ample on-site parking and screened-in porches.
“This sale represents a strong
demand for the dwindling supply of distressed assets in the market” says
Vestal.
Press Contact:
Richard D. Matricaria
Regional Manager, Tampa
(813)
387-4700
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