Clearwater, FL – April 10, 2014 – Klein & Heuchan, Inc. has successfully represented the Seller, Flagship Community Bank, in the sale of two (2) assets. The first property was 205 Marlborough Street in Oldsmar, FL. The Buyer was AMICI Properties, LLC. This fully air conditioned industrial building contains approximately 9,700 square feet. The sale price was $450,000. The second property was 1272 US Alt 19 in Holiday, FL. The Buyer was John Perrie. This property is 17,500 square feet of land with a small retail building. The Sale price was $75,000. Steve Klein & Larry Gilbert of Klein & Heuchan, Inc. represented the Seller in these transactions.
Mark Klein, President & CEO of Klein & Heuchan, Inc., stated “Bank owned assets are selling very well. We have helped national, regional, and community based financial institutions sell over $28,000,000.00 of bank owned properties. We continue to see demand for all types of investment assets and because of low interest rates and readily available financing we expect strong demand to continue for the foreseeable future”.
KLEIN & HEUCHAN, INC.
Klein & Heuchan, Inc. is an independently owned, full service commercial real estate firm covering west central Florida. The firm handles commercial brokerage, property management, and development services. Our company has built its practice on integrity, service and ethics. For more information and to see a selection of our recently completed transactions, please go to www.kleinandheuchan.com and click on News & Events.