Lakewood Ranch 272-unit apartment complex sells for almost $40 million

Lakewood Ranch 272-unit apartment complex sells for almost $40 million

Lost Creek Apartments at Lakewood Ranch

By Michael Braga, Herald-Tribune / Wednesday, September 26, 2012

Lost Creek Apartments LLC, a Winter Park company managed by Thomas L. Cavanaugh, sold a 272-unit apartment complex on 24 acres in Lakewood Ranch to Bradenton Multifamily DST for $39.25 million.

Lost Creek Apartments bought the land for $3.468 million in December 2010 and finished the complex at 11140 Lost Creek Terrace this year.

The one- to three-bedroom apartments rent for $950 to $1,450 per month.

For full article, CLICK HERE <—-====

Advertisements

Leave a comment

Filed under Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s