Maryland couple buys Bardmoor Villas


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  • | 11:00 a.m. May 29, 2015
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  • Tampa Bay-Lakeland
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BUYER: Southbound Management LLC, Largo, Md.
SELLER: GC3 Bardmoor LLC
PROPERTY: 9402, 9403, 9434, 9466, 9498, 9530, 9562, 9595, 9563, 9531, 9499, 9467 and 9435 Lynn Lane, Largo
PRICE: $2.2 million
PREVIOUS PRICE: $1.2 million, May 2012
LAW FIRM ON DEED: Joel A. Savitt Attorney at Law, Aventura

PLANS, DESCRIPTION:
A company led by Ralph and Sabrina Norton of Largo, Md., purchased the 38-unit Bardmoor Villas apartments for $2.2 million.

The price equated to $57,895 per unit. That figure is lower than the two-year average price per unit for multifamily space ($72,609) in the Tampa Bay area, according to the CoStar Group.

 

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