CLEARWATER, FL-Colliers International Tampa Bay Florida hassuccessfully managed the sales transaction of the 40-unit SandDollar Apartments. The apartment at 12708 N. 19th Street in theUniversity of South Florida area was bought by CatholicCharities-Sand Dollar Inc. for $990,000. Crown NorthCorp Inc. soldoff the property as a distressed sale.
The property is 32% occupied. Federal Neighborhood StabilizationProgram's funds were used to make the purchase of the apartmentbuilding. For the full story, go to Florida Real Estate Journal.
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