DeLand, Fla. --- Hendricks & Partners, one of the nation’s largest and most active multi-family investment banking and research companies, recently negotiated the sale of the Mallards of Brandywine, a 168-unit apartment property located in DeLand, for $7.75 million.
Cole Whitaker, partner and director of the Southeast Division of Hendricks & Partners and associate partner Hal Warren in Orlando negotiated the sale representing the seller, CFLP Mallards, LLC.
The Mallards of Brandywine built in 1985 and renovated in 2006 has a total of 136,600 square feet of rentable living space with one and two bedroom apartments.
The buyer was a private investment group.
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