Oak Ridge Apartments sits on approximately 12.6 acres at 13333 Ridge Road and has frontage on Ulmerton Road, a primary artery of Pinellas County that connects to Tampa via Interstate 275 to the east and the Gulf beaches to the west.

Of the 137 residences, 69% of units are two-story townhomes with either two or three bedrooms, ranging from 970 square feet to 1,198 square feet. The other 31% of units are 750-square-foot, one-bedroom apartments.

Approximately 70% of units have been partially renovated with new cabinetry, countertops, appliances, flooring and lighting. The community features two swimming pools with clubhouses, and the townhome units include private fenced-in patios.

In The Park at Ashley Place transaction, Meoli and Donaldson, along with Cushman & Wakefield's Florida Multifamily Investment Sales Team, represented Nick Pittarelli, Avery Palevsky and Gerard Abitbol with Symcor Capital Partners, a Canadian real estate investment firm, in the disposition. The buyer is Main Street Holdings, LLC, a regional real estate investment firm based in Stuart, FL that focuses on multifamily assets.

The Park at Ashley Place is situated on approximately eight acres at 4031 Vista Verde Drive. Built in 1986, the property comprises 13 block-construction buildings with 95 one-bedroom units and 48 two-bedrooms units, averaging 786 square feet. Community amenities include gated access, a swimming pool with paved sundeck and pergola, a fitness center, a clubhouse with a business center, a pet park and a picnic/grilling area.