Multifamily investor Mallah buys Park Place Apartments

  • By Business Observer Staff
  • | 8:00 a.m. August 2, 2013
  • | 0 Free Articles Remaining!
  • Commercial Real Estate
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BUYER: Park Place Apartment Properties LLC, Largo
SELLER: MAPT Inc., F-D Apartments LLC and Richmond Apartments LLC
PROPERTY: 4620-4666 DeLeon St., Fort Myers
PRICE: $7.4 million
LAW FIRM ON DEED: Henderson Franklin Starnes & Holt PA, Fort Myers

PLANS, DESCRIPTION: Largo multifamily investor Benjamin Mallah purchased the 174-unit Park Place Apartments for $7.4 million.

The price equated to $42,500 per unit.

 

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