ST. PETERSBURG, FL – BH Equities has sold a 517-unit multifamily property in St. Petersburg, FL to New York-based, Axonic Properties LLC for $56 million.
The purchase price of the off-market transaction equates to $108,317 per unit.
The garden-style apartment community, Osprey Pointe Apartments, offers one-bedroom and two-bedroom floorplans, which range from 625 square feet to 1,058 square feet. The property features a tennis court, a fenced playground area, a dog park, a swimming pool and sundeck and on-site professional management and maintenance.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
