Tampa Bay continues to draw Investors

TAMPA- Franklin Street Real Estate Services recently brokered the transaction of Solana Villas Apartments in Naples. Darron Kattan, partner, Bob Goldfinger, partner, and Kevin Kelleher represented both the buyer and the seller of the 44-unit community.
The asking price was $2,350,000, and it closed at full asking price within a two-week period from contract execution to closing. The seller was a publicly traded lender that foreclosed on the property in late 2008. The buyer was a West Palm Beach-based private partnership. The previous sale was $7,300,000 in 2006 based on a planned condo conversion.

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