Axonic Properties LLC acquired the 517-unit asset in St. Petersburg, FL and plans to implement significant improvements at the property.
June 28, 2021 at 02:00 PM
2 minute read
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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.
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