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Tampa Bay Area
Business Observer Friday, Apr. 8, 2011 9 years ago

Investment group buys Sherwood Arms

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TMF 1 LLC purchased the 20-unit Sherwood Arms apartments at 2729 Fourth St. S., St. Petersburg for $365,000.

TMF 1 LLC purchased the 20-unit Sherwood Arms apartments at 2729 Fourth St. S., St. Petersburg for $365,000.


The price equated to $18,250 per unit.


Michael Regan, Francesco Carriera and Nicholas Meoli of the Marcus & Millichap Real Estate Investment Services handled the transaction.


The property was a structured short sale and an all-cash transaction, Meoli says in a press release.

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