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Apartments sell for $4.98M


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  • | 4:35 p.m. August 28, 2012
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  • Tampa Bay-Lakeland
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LARGO — Bryan Dairy Place Apartments, located at 6701 Bryan Dairy Road N., Pinellas Park, recently sold for $4.985 million.

Built in 1986, the multifamily property previously sold for $7.1 million in May 2006. It has 96 apartments, all two-bedroom, two-bathroom units with 925 square feet of rental space.

According to property records, Kansas-based RHV LLC sold the apartments to Bryan Dairy Place Apartments LLC, which is based in Florida. The buyer mortgaged the apartments to EverBank for $3,489,500.

Michael P. Regan, Francesco P. Carriera, and Nicholas Meoli, all with the Tampa office of Marcus & Millichap Real Estate Investment Services, represented the seller, and Carriera and Regan also represented the buyer, a release says.

 

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