TruAmerica Acquires Pinellas Park Multifamily From St. Regis Properties For $61M

5501 100th Ave N, Pinellas Park, FL, USA

$61,000,000

$9,386/SF

Building Size

6,499 SF

Asset Type

MultiFamily

Closing

Jan 31, 2021

AI

The multifamily property located at 5501 100th Ave. N in Pinellas Park has been sold in a transaction. The property consists of 329 units and is part of the Pinellas Park market.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $61,000,000
Units: 329
Price Per Unit: $185,410
Date: 02/01/2021
Buyer: TruAmerica
Seller: St. Regis Properties
Brokers: Francesco Carriera & Michael Regan - CBRE

The transaction was facilitated by brokers Francesco Carriera & Michael Regan of CBRE. They represented the buyer, TruAmerica, and the seller, St. Regis Properties.

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