TAMPA, FL—Miami-based Styles Holdings has sold Southern Cove Apartments, a 180-unit, garden-style rental community in the Temple Terrace submarket, to 29th Street Capital, a privately-held real estate investment firm with offices in San Francisco and Chicago.
The property sold for $20.59 million, or $114,389 per unit. Cushman & Wakefield arranged the sale. Styles Holdings owns and operates multifamily real estate in major markets throughout the country.
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