252-unit apartment complex sells for $21.75 million

252-unit apartment complex sells for $21.75 million

By Michael Braga, Herald-Tribune

Huntington Place Apartments Limited Partnership, a San Francisco company managed by Thomas Coates, sold a 252-unit apartment complex at 3201 Huntington Place Drive in Sarasota, to Huntington-Sarasota LLC for $21.75 million.

Coates’ company paid $17.3 million for the complex in December 2004.

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