Aaron Lake Apartments in Bradenton, FL sell for $80,000 per unit

Aaron Lake Apartments in Bradenton, FL sell for $80,000 per unit

via Bradenton Herald – BY CHARLES SCHELLE
cschelle@bradenton.com

A New York company has purchased the Aaron Lake Apartments complex off of Cortez Road and 40th Street for $8.35 million.

Contact Sean Dreznin for all your Multi-Family needs

Contact Sean Dreznin for all your Multi-Family needs

CLICK HERE <—==== For similar apartments for sale

LR Aaron Lake LLC, located on Broadway in New York, purchased the complex Dec. 11 from owners Aaron Lake LLC, based in Minneapolis AND headed by Daniel Shattuck, according to property records. Aaron Lake LLC purchased the complex for $4.8 million from Bradenton Associates Limited in 2002, according to the property appraiser.

The complex, 4325 40th St. W, Features one- and two-bedroom apartments and includes a car wasH area, pet park, a fishing dock and boat storage, according to its website. The complex was built in 1986, according to land records.

Contact Sean Dreznin (sdr@naitampabay.com) with NAI Tampa Bay if your considering selling your apartments or if your looking to purchase.

Read more here: http://www.bradenton.com/2013/12/18/4894090/aaron-lake-apartments-sold-for.html#storylink=cpy

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