Bradenton's Carlton Arms trades for record $110.5 million

Multifamily rental properties continue to be in hot demand by investors

  • By Kevin McQuaid
  • | 6:00 a.m. March 23, 2018
  • | 0 Free Articles Remaining!
The sale of the Carlton Arms of Bradenton generated $110.5 million, a record for Southwest Florida apartments.
The sale of the Carlton Arms of Bradenton generated $110.5 million, a record for Southwest Florida apartments.
  • Manatee-Sarasota
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FLF Holdings LLC Managing Member Joshua Simon says his company was drawn to the Carlton Arms of Bradenton apartments, in part, because of its pristine, waterfront setting.

“We like the Bradenton area very much, its mix of demographics and location, and when you drive into the property itself, it feels like you’re in a park,” says Simon of Carlton Arms.

 

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