CBRE Brokers $29 Million Sale Of Apartment Community

Jun 08, 2015 No Comments by

CBRE has brokered the $29 million sale of Laguna Oaks, a 360-unit lakeside apartment community located at 3211 S. Semoran Blvd. in Orlando.

Avesta Communities purchased the gated apartment property from Ram Realty Services.

Built in 1973 and renovated in 1997 and 2013, the multifamily community in situated near the 64-acre Lake Frederica. Laguna Oaks’ amenity package includes an onsite boat ramp and boat slips, two pools, an outdoor kitchen, clubhouse, community room, fitness center and covered parking.

Shelton Granade, Luke Wickham and Justin Basquill of CBRE represented the seller in the transaction.

 

Source:  REBusiness 

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