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| Imperial Village Apartments, 9790 Hamlin Boulevard, Seminole, FL |
SEMINOLE, FL – Marcus
& Millichap (NYSE: MMI), a leading commercial real estate investment
services firm with offices throughout the United States and Canada, announced
the sale of Imperial Village Apartments,
a 144-unit multifamily community located in Seminole, Florida, according to
Richard D. Matricaria, regional manager of the firm’s Tampa office. The asset
sold for $8,150,000.
Michael P. Regan and Francesco P. Carriera, both vice president investments in Marcus &
Millichap’s Tampa office, had the exclusive listing to market the property on
behalf of the seller, a private investor.
The buyer, a private investor, was secured and represented by Carriera
and Regan.
Imperial Village
Apartments is located at 9790 Hamlin Boulevard in Seminole, Florida.
The
property consists of 12 two-story residential buildings and a one-story
building that serves as the clubhouse and leasing office.
The residential
buildings are comprised of 96 one-bedroom/one-bathroom units ranging from 685
to 710 rentable square feet and 48 two-bedroom/two-bathroom units with 978 rentable
square feet.
All units have central
heating and air-conditioning, and the buildings sits on a 6.85 acre parcel.
Amenities include an on-site laundry facility, shuffleboard court, clubhouse
and a pool.
For a complete copy of the company’s news release,
please contact:
Richard D.
Matricaria
Vice
President/Regional Manager
Tampa, FL
(813) 387-4700
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