Florida apartments renovated, sold

Asset fetches more than $62K per unit
Published on Jan 17, 2007

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by CareyBot

A joint venture between The Praedium Group LLC and Affirmative Equities Company L.P. has sold a 552-unit apartment property in Orlando, Fla., after adding recent upgrades. The owners sold the Fountains at Lake Orlando community for $34.3 million to an ...