Sarasota's Berlin family buys Ridge Gardens apartments

BUYER: Berlin Properties II LLC (principals: Evan and Stephen Berlin)(1/3 interest) and Gracen Associates LLC (principals: Jeffrey and Janice Berlin) (2/3), Sarasota
SELLER: Signal Ridge LLC
PROPERTY: 3001 Bee Ridge Road, Sarasota
PRICE: $1.95 million
PREVIOUS PRICE: $1.45 million, June 1999
LAW FIRM ON DEED: Berlin-Patten PLLC, Sarasota

PLANS, DESCRIPTION: The Berlin family purchased the 48-unit Ridge Gardens Apartment Homes for $1.95 million.

The price equated to $40,521 per unit.