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Marcus & Millichap Brokers $3.6M Sale of Apartment Community in Clearwater

New Towne at Glen Oaks averages about 570 square feet per one-bedroom units and 800 square feet per two-bedroom unit.

New Towne at Glen Oaks averages about 570 square feet per one-bedroom units and 800 square feet per two-bedroom unit.

CLEARWATER, FLA. — Marcus & Millichap has arranged the $3.6 million sale of New Towne at Glen Oaks, a multifamily property located at 311 S. Betty Lane in Clearwater, a city in the Tampa-St. Petersburg area. The community consists of 38 one-bedroom units averaging 570 square feet per unit, and eight two-bedroom units averaging 800 square feet per unit. Shawn Rupp and Casey Babb of Marcus & Millichap represented the undisclosed seller and procured the unspecified, California-based buyer.

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