John Burpee & Associates a full-service commercial brokerage and property management company located in Largo Florida is proud to announce the sale of the 80 Unit Caribbean Park Apartments located at 1601 Alabama Street Plant City Florida.
John Burpee President of the firm represented both the buyer and Seller of the $5,400,000 / $67,500 Per Unit transaction and assist with financing due diligence for the asset with Meridian Capital.
John Burpee Stated ‘This was a true Value Add asset with tremendous upside for the buyer in repositioning the property through renovations and increased rents”. We received multiple offers for the asset solicited through our 30,000+ Multi Family buyer private client database. If you would like to be included in our database please call or email us directly.
For more information about these transactions please contact John Burpee @ 727-828-9498 or John@Burpeecommercial.com