THE ABBEY AT FOREST LAKES TRADES FOR $33 MILLION

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OLDSMAR, FLA. — Pacifica Companies has acquired a 400-unit multifamily community in Oldsmar from Abbey Residential for $33 million. The Abbey Forest Lakes is situated on 42 acres at 100 Old Village Way. Constructed in 1984, the community comprises 136 three-bedroom units, 232 two-bedroom units and 32 one-bedroom units. Community amenities include two resort-style pools with sundecks, a tennis court, a putting green, four laundry centers, a fitness center, a car care center, a sand volleyball court, boat storage, and picnic and barbecue areas. Jamie May of Marcus & Millichap’s Institutional Property Advisors represented the seller.

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