ORLANDO-A real estate syndicator based in Chicago has purchased an apartment property in south Orlando. SR Apartments LLC has acquired Stoneridge Apartments, a 160-unit apartment complex situated off Oak Ridge Road and South Texas Avenue, for $5 million.
The sale price of the complex, sold by Orlando-based Central Florida Investments Inc., breaks down to about $31,250 per unit. Kevin Kelleher, Darron Kattan and Bob Goldfinger from Tampa-based Franklin Street Real Estate Services represented both the buyer and the seller in the deal. For the full story, go to Orlando Business Journal .
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