TAMPA, FL — Capstone Apartment Partners brokered the sale of Manchester Apartments on November 24, 2014 for $900,000, or $25,714 per unit. The 35-unit, 1974 vintage asset is located in a northeast submarket of Tampa, FL. Manchester Apartments had recently undergone significant renovations, including electrical upgrades and hardwiring of smoke detectors as well as new HVAC units, water heaters, sidewalk and entryway paving, and new roofs in 2012. Acting as the transaction brokers were Jad Richa, Deucie Bies, Enon Winkler, and Brian Hunsicker of Capstone Apartment Partners.
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