Lakeside at Greenboro Apartments, Melbourne, FL |
ORLANDO, FL -- CBRE is pleased to announce that it has sold
the Lakeside at Greenboro apartments in Melbourne for
$16,650,000.
This 232-unit rental community was built in 1987, and was
94% occupied at closing. Shelton Granade, Luke Wickham, and Justin Basquill of CBRE’s
Orlando office exclusively
represented the seller in the transaction.
Lakeside at Greenboro offers 1, 2, and 3 bedroom units
averaging 1,052 SF, and an amenity package including a swimming pool, heated spa,
fitness center, and tennis
courts.
The property is near the Melbourne International Airport,
and the buyer was attracted to the area’s emerging high-tech employment base. CBRE’s Central Florida Multi-Housing Group continues to be
the market leader, and has closed more than $845,000,000 in the Orlando MSA in the
last 18 months.
For a complete copy of the company’s news release, please
contact:
Shelton D. Granade, Jr., Executive Vice President
CBRE | Investment Properties - Multifamily
200 S. Orange Avenue, Suite 2100 | Orlando, FL 32801
T 407 839 3103 F 407 404 5001
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