San Christopher Apartments, 784 San Christopher Drive, Dunedin, FL |
Michael Donaldson |
DUNEDIN,
FL, Nov. 27, 2013 – Marcus & Millichap Real Estate Investment Services, the
nation’s largest real estate investment services firm, has announced the sale
of San Christopher Apartments, a five-unit apartment property located in
Dunedin, Fla., according to Richard D. Matricaria, regional manager of the
firm’s Tampa office. The asset sold for $316,000.
James
Vestal,
associate in Marcus & Millichap’s Tampa office, had the exclusive listing
to market the property on behalf of the seller, a private investor based in
Wisconsin.
The buyer, a local private investor, was
secured and represented by Michael Donaldson and Nicholas Meoli,
senior associates in the firm’s Tampa office, and Earle Hyman, senior
vice president investments in Marcus & Millichap’s Encino office.
Nicholas Meoli |
San
Christopher Apartments is located at 784 San Christopher Drive in Dunedin,
Fla. This five-unit apartment community
was built in 1973 and consists of one, two-story building.
T
he building is comprised of four one-bedroom/one-bathroom units with 680
rentable square feet and one two-bedroom/two-bathroom townhome unit with 1,350
rentable square feet.
Amenities
of the property include; condo-grade finishes such as, glass top ranges with
microwaves, stainless steel dishwashers and refrigerators, wood floors and
stone tiling in the bathrooms. There is
ample parking and large rear porch areas.
Earle Hyman |
“San
Christopher mirrored the continuing strength that the Dunedin sub-market has
been seeing since the beginning of the year,” says Vestal. “This property showed the continuing demand
for turnkey properties with strong rents in good areas.”
For a complete copy of the company’s news
release, please contact:
Richard D. Matricaria
Regional
Manager
Tampa, FL
(813)
387-4700
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