Real Estate

Ashcroft Capital Managers Acquires Florida Property For $56M

by multihousingnews.com posted 12months ago 51 views
Cushman & Wakefield represented the seller, Kimball Key LLC, in its disposition of the 416-unit Anthem Clearwater. : Ashcroft Capital Managers LLC has acquired Woodland Key Apartments in Clearwater, Fla., for $55.8 million. Cushman & Wakefield represented the seller, Kimball Key LLC, in the transaction. The new owner has rebranded the 416-unit partially renovated, value-add property at 2770 Roosevelt Blvd., Anthem Clearwater. Built on approximately 24 acres, Anthem Clearwater is 95 percent occupied. The property features 650-square-foot one-bedroom and 940-square-foot two-bedroom apartments. Residences feature in-unit washers and dryers, window coverings, carpeting and large bedrooms.

In this article