Australian fund buys apartment complex for $54.7 million

Anson at Palmer Ranch rents units from $1,325 to $2,125 per month.


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  • | 7:05 p.m. July 13, 2018
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  • Manatee-Sarasota
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In one of the largest multifamily rental transactions in Sarasota County in recent years, a Melbourne, Australia-based investment fund acquired the Anson at Palmer Ranch apartments for $54.72 million, according to county property and other records.

The entity, Australian Super, bought the property in conjunction with Sentinel Real Estate Corp. of New York, records show.

 

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