 |
| Shawn Rupp |
TAMPA, 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 Palma Ceia Palms, a 12-unit
apartment building located in Tampa, Florida, according to Richard D.
Matricaria, regional manager of the firm’s Tampa office. The asset sold for
$1,750,000.
Casey Babb,
CCIM and vice president investments, Luis
Baez, senior associate, and Shawn
Rupp, associate, all 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 also secured and represented by the three brokers.
Palma Ceia Palms is
located at 3321 West De Leon Street in the Class “A” Palma Ceia Gardens
submarket of South Tampa. It was originally built in 1984 and rehabbed
extensively over the past three years.
The community consists of
twelve, two-bedroom/one-bathroom apartment homes which average 900 square feet
and feature semi-private entrances, laminate wood, ceramic tile and berber
carpet floor coverings, new white and black kitchens with modern appliances,
nine foot ceilings, stackable washer and dryers, private patios (select units)
and central HVAC.
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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