Tampa apartments sell for $12M

TAMPA — Toulon Capital Partners, a Canadian investment firm, bought Swan Lake Apartments in Carrollwood for $12.15 million.

Originally built in 1982, the 244-unit apartment complex was 94% occupied at the time of sale, according to John Selby and Jim Bobbitt, brokers at CBRE. Selby and Bobbitt represented the seller in the deal, identified in public documents as LB-UBS 2005-C3 Swan Lake Apartments LLC.

A mix of studio, one- and two-bedroom units, Swan Lake Apartments is located at 3401 N. Lakewood Drive.