M&M closes $1.9M Valencia Village sale

TAMPA - Marcus & Millichap Real Estate Investment Services announced the sale of Valencia Village Apartments, a 132-unit, lender-owned apartment property in Tampa. The property commanded a sales price of $1,932,000, representing $14,636 per unit.

Senior Vice President Investments Evan P. Kristol and First Vice President Investments Still Hunter III of the Fort Lauderdale office and Associate Francesco P. Carriera of the Tampa office represented the seller of the property, 4 Carlsbad LLC. The listing agents also secured the buyer, a limited liability company from Corpus Christi, Texas.

Valencia Village Apartments is a 132-unit garden-style apartment complex at 13408 Grand Prix Way in Tampa.