$2.975 Million Seniors Housing Facility Sale in Tampa, FL Arranged by Marcus & Millichap

  

Royal Sun Park, 312 East 124th Avenue, Tampa, FL

Krone Weidler

TAMPA, FL, Feb. 20, 2014 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Royal Sun Park, a 14,866-square foot seniors housing facility located in Tampa, Florida, according to Richard D. Matricaria, regional manager of the firm’s Tampa office. The asset sold for $2,975,000.

Krone Weidler, associate vice president investment in Marcus & Millichap’s Tampa office, and a partner in the deal, had the exclusive listing to market the property on behalf of the seller and the buyer, local private investors based in Tampa. 

Royal Sun Park was built in 2003 and is located at 312 E 124th Avenue in Tampa, Fla.

“The asset was repositioned as a stand-alone memory care community in 2011 and catered to a private pay population,” says Ms. Weidler. 

 For a complete copy of the company’s news release, please contact:

Richard D. Matricaria

Regional Manager,

 Tampa, FL

(813) 387-4700