Arkansas oncologist buys Columbia Park Apartments

BUYER IN A QUITCLAIM DEED: Sumunni Investments LLC (manager: Dr. Balan Nair), Little Rock, Ark.
SELLER: Blue Valley Apartments Inc.
PROPERTY: 14309 N. 18th St., Tampa
PRICE: $1.39 million
PREVIOUS PRICE: $200,000, April 2002
LAW FIRM ON DEED: Honigman Miller Schwartz and Cohn LLP, Kalamazoo, Mich.

PLANS, DESCRIPTION:
Little Rock Oncologist Dr. Balan Nair purchased the 24-unit Columbia Park Apartments for $1.39 million.

The price equated to $57,969 per unit. That figure is lower than the average price per square foot for multifamily unit ($70,803) in the Tampa Bay area, according to the CoStar Group.