Recent Sales of Multifamily in Sarasota & Manatee Counties

Village Park at Rainbow Lake

23-units

All units 2 Bdrm/2 Bath approx 900 SF

Value-Add with deferred maintenance existing and capital improvements required

Sold at $98,333 per door, As-Is, over asking price in competitive bidding process.

Sold by Sean Dreznin at Dreznin Pappas Commercial Real Estate LLC

Village Park on The Green

16-Units in Bradenton, FL

Large Unit Mix

Majority of Units are 2 Bdrm/1 Bath layouts with additional 3 Bdrm and 4 Bdrm Units onsite

Sold at $98,333 per door, As-Is, over asking price in competitve bidding process

Off-Market Presentation

Sold by Sean Dreznin at Dreznin Pappas Commercial Real Estate LLC

More to follow in next Post.

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