Apartments near Rocky Point sold for $65.75 million

A San Diego firm has picked up a Tampa apartment property for more than $65 million. ConAm 2017 Multifamily Opportunity Fund paid $65.75 for Audubon Village, a 477-unit apartment development at 5830 Memorial Highway in the Rocky Point area. The purchase price breaks down to $137,840 per unit. The seller, Atlanta-based Cortland Partners, paid $41.9 million for the property in 2013, according to Hillsborough County property records. Audubon Village, built in 1989, one was of the first properties…Original Article