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  • RPH Multifamily Group


LAKELAND, Fla., October 22, 2019 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Goodyear Apartments, a 28-unit apartment property located in Lakeland, Fla., according to Chris Travis, sales manager of the firm’s Tampa office. The asset sold for $1,662,625.

Ned Roberts, CCIM, Adam Podbelski and Jason Hague, investment specialists in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the seller, a private investor.

“This deal was not without its challenges – including a delay caused by Hurricane Dorian,” said Mr. Roberts. “But we overcame those challenges and ultimately provided the seller with surety of closing by negotiating a contract which included an extremely short three-day due diligence, no financing contingency and a substantial earnest money deposit.”

Goodyear Apartments is located at 1647 Goodyear Avenue in Lakeland, Fla. Several of the units have been recently upgraded with further value-add potential via additional unit interior and common area improvements. Lakeland is centrally located between Tampa Bay and Orlando MSA’s.

Are you interested in selling or buying Florida multifamily housing?

At RPH Multifamily Group we strictly specialize in Florida multifamily sales, so that you can make the most successful, informed, and stress-free multifamily investment decisions. Learn more about the RPH Multifamily Group’s Florida Multifamily Sales Advisory And Brokerage Services.

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