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Ocala | Deerwood Village Apartment Homes | Cortland Partners

by therealdeal.com posted 8months ago 119 views
A garden-style apartment property in Ocala sold for $49.7 million, or $151,677 per unit. Atlanta-based Cortland Partners sold the 328-unit property, called Deerwood Village Apartment Homes, to Boston-based Westshore LLC. Deerwood Village had a 94 percent occupancy rate at the time of the sale. Built in 2006, Deerwood Village has 40 two-story residential buildings with one-, two- and three-bedroom apartments with an average size of 1,015 square feet. Monthly rents average $1,266 for Deerwood Village apartments, ... [more]

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