TAMPA, FL-AREA Property Partners has purchased Sabal Palm at Boot Ranch situated in Palm Harbor and Promenade at Carillon situated in St. Petersburg in the Tampa Bay area. Sabal Palm at Boot Ranch, located at 1350 Seagate Drive, comprises 432 units having one, two, three and four bedrooms.
The Promenade at Carillon, located at 540 Carillon Parkway, contains 334 units having one, two and three bedrooms. AREA Property Partners bought the two multifamily rental properties for $78 million. For the full story, go to Florida Real Estate Journal.
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