CLEARWATER, Fla. – Berkadia, one of the nation’s largest and most active multi-family investment banking and research companies, recently negotiated the $21,350,000 sale of Enclave at Northwood, a 188-unit apartment community at 2690-2692 Enterprise Road East in Clearwater.
Jason Stanton, Senior Director in the Tampa office of Berkadia negotiated the sale along with Managing Director Cole Whitaker and Senior Director Hal Warren in the firm’s Orlando office.
Berkadia represented the seller, an affiliate of Washington, D.C.-based StoneBridge Investments.
The one, two and three-bedroom townhome and villa apartments were built in two phases in 1984 and 1985. Enclave at Northwood units average 1,076 square feet.
Since 2010 the community has undergone more than $1 million in capital improvements. Exterior amenities include a 24-hour fitness center, two lighted tennis courts, two swimming pools and a clubhouse.
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