Marilyn Finke Acquires Saint Petersburg Multifamily For $6.41M

The multifamily property located at 635 12th Ave. NE in Saint Petersburg was recently sold for a total of $6,410,000. The property, owned by Westchester Apartments LLC, consists of 23 units with an average price per unit of $278,696. The total square footage of the property is 14,400, resulting in a price per square foot of $445.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $6,410,000
• Units: 23
• Price per Unit: $278,696
• Square Footage: 14,400
• Price per Square Foot: $445

The buyer of the property is Marilyn Finke, while the seller is Westchester Apartments LLC. The transaction was facilitated by Jay Hennick from Colliers, who represented both parties in the deal.