St. Franklin sale multifamily real estate services closed Saint Petersburg

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Franklin Street real estate closing services in St. Petersburg multifamily for sale ST. Petersburg, FLA file (16 December 2010) Franklin Street real estate services pleased announce the sale of apartments Oakclair, located first Avenue South 6142 in St. Petersburg, the sale of property in the FLA file. 16 unit with 13,100 rentable square meters, built in 1968, close to $ 400,000, the translator 25,000 dollars per unit, 29.84 per square feet.

Administrator Street s Franklin Kevin Kelleher and managing directors Darron Kattan Goldfinger Bob represented the two sides of the transaction. Known, the National Bank of the city, owned by foreclosed real estate owned (REO) property for less than 90 days and sold is as of the property shortly after the title. The buyer, an old oak, LLC, is a local investor.

Oakclair was in a good physical for REO in Florida, but aiklos was less than 50% at the time of sale, "said Kelleher. The buyer was not deterred by the low level administrative practice and stabilize aiklos aggressive alone for a few months time property. Sale reflects the common topic today, which our bashok buyers are obtaining pricing not available more than decade.

Apartments Oakclair consists of eight units of one to eight bedroom, two bedroom units. It's located in St. Petersburg, is the largest city in Pinellas County, the most densely-populated County in Florida. Oakclair is just minutes from the Centre of Saint Petersburg, Tropicana and 275 power, which provides easy access to the entire Tampa Bay area is located next to the white sandy beaches of the Gulf of Mexico. In addition, residents enjoy a number of options for shopping and dining hall shopping Tyrone just a few miles away.

About Franklin Street: Franklin Street (formerly Franklin Street financial Partners) is a family of companies focused on delivering real estate solutions that add value to the owner of the property of the generating revenue today. Our services span the lifecycle of our purchase clients properties sale. These services include administration of a multi-family property, office market; Commercial real estate brokerage; Insurance; Use of debt capital for commercial real estate investments, real estate advisory services. For more information on Franklin, please see the company's Web site at www.franklinstreetfinancial.com.

Posted at:
Thursday, December 18, 2010 08: 12 PM

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