Two Central Florida Apartment Communities Trade For $18 Million

Oct 12, 2015 No Comments by

Berkadia Real Estate Advisors has brokered the sale of two apartment communities in Brevard County for a combined $18 million.

The assets include the 138-unit Park Village located at 3099 Park Village Way in Melbourne and the 112-unit Malabar Lakes located at 1018 Malabar Lakes Drive in Palm Bay.

White Eagle Property Group LLC purchased Park Village for $10.1 million and Malabar Lakes for $7.9 million.

Cole Whitaker, Hal Warren and Jason Stanton of Berkadia represented the seller, Deancurt Melbourne LLC, in the portfolio transaction.


Source: REBusiness


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