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ORLANDO-Mallard Cove Apartments, a 344-unit multifamily complex, has sold for $14 million. Tampa-based Blue Rock Partners purchased the asset in a strategic partnership with Deerfield Beach-based Konover South. The deal marks Blue Rock Partners’ second Orland-area apartment acquisition in as many months.

Cole Whitaker, head of Hendricks & Partners’ southeast regional office Orlando, brokered the transaction. The seller was Midland Savings Group, acting as servicer for KeyBank. The property, which is 87% occupied, will be rebranded as The Park at Cambridge Apartments.

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