218-UNIT MULTIFAMILY PROPERTY SELLS IN TAMPA, FLA.

TAMPA, FLA. — An undisclosed Santa Monica, Calif.-based limited liability company has purchased River Gardens, a 218-unit apartment property located in Tampa, for an undisclosed price. Located at 4009 N. Howard Ave., the garden-style property was approximately 60 percent occupied at the time of closing. The community features a mix of one-, two- and three-bedroom units, three swimming pools, a private boat dock, laundry facilities and river views. Norman Eastwood and Tal Frydman of Marcus & Millichap represented the seller, an undisclosed Houston-based private investor. Additionally, Gene Berman assisted in the transaction.