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| Bayridge Apartments, 3021 State Road 590, Clearwater, FL |
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| Jason Stanton |
TAMPA, FL --- Hendricks-Berkadia Apartment Real Estate
Advisors, which ranks as one of the leading multi-family investment banking and
research companies in the nation, recently negotiated the sale of the 222-unit Bayridge
apartment community at 3021 S.R. 590 in Clearwater.
Situated on 10.09 acres, the community consists of six,
three-story buildings and offers five diverse floor plans, averaging 1,001
square feet.
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| Cole Whitaker |
Jason Stanton, vice president based in Tampa,
negotiated the sale with Cole Whitaker, partner who heads
Hendricks-Berkadia’s southeast region, and associate partner Hal Warren
of the firm’s Orlando office.
Hendricks-Berkadia represented the seller, Bayridge
Investment Partners, LLC.
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| Hal Warren |
Stanton said the investment property, built in 1991, was
located in an infill Clearwater location and has had over $1 million in
renovations and improvements over the past six years.
This has positioned the property for a value-add renovation
program, allowing the new owner to increase revenue moving forward.
For a complete
copy of the company’s news release, please contact:
Larry Vershel or Beth Payan, Larry Vershel Communications
407-644-4142 lvershelco@aol.com
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