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| Ned Roberts |
RUSKIN, FL, Aug. 8, 2017 –
Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment
services firm with offices throughout the United States and Canada, today
announced the sale of Riverwood Apartments, a 45-unit apartment property
located in Ruskin, Florida, according to Ari Ravi, regional manager of the
firm’s Tampa office. The asset sold for $2,325,000.
Ned Roberts, Michael Donaldson and Nicholas Meoli, investment specialists in Marcus & Millichap’s
Tampa office, had the exclusive listing to market the property on behalf of the
seller, a limited liability company.
The buyer, a limited liability company, was
also secured and represented by the three brokers and Daniel Aviles and Michael Lombardi, investment specialists in
Marcus & Millichap’s New Jersey office.
"We leveraged Marcus
& Millichap’s national footprint to sell this asset for the full asking
price," said Ned Roberts. "The sale price per unit set a new record
for multifamily assets of this size and class in Ruskin.”
Riverwood Apartments is
located at 709 Oceanside Circle in Ruskin, Florida.
For a complete copy of the company’s news release,
please contact:
Ari Ravi
Regional Manager, Tampa
(813) 387-4700
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