Tampa Pines apartments sale price doubles in year

BUYER: Gomrasni MS LLC (managers: Jad Fourti and Mohamed Ghomrasni), Wesley Chapel
SELLER: 12908 15th LLC
PROPERTY: 12908 15th St. N. also known as 1433 Millerman Pines Drive, Tampa
PRICE: $1.06 million
PREVIOUS PRICE: $540,000, March 2013
TITLE FIRM ON DEED: Majesty Title Services LLC, Tampa

PLANS, DESCRIPTION:
A local investor with European backers purchased the 32-unit Tampa Pines apartment for $1.06 million.

The price equated to $33,000 per unit. That figure is lower than the average price per unit for multifamily space ($70.803) in the Tampa Bay area, according to the CoStar Group.