Champions Walk apartments sell for $58 million
The 376- unit Champions Walk apartment complex sold for $58 million on Aug. 8, making it the latest in a number of high dollar sales of multi- unit residential properties in Manatee County . The complex at 4148 53rd Ave. W. is located between IMG Academy and Electa Arcotte Lee Magnet Middle School . Champions Walk , built in 1996, last sold for $30.1 million in 2013, according to the Manatee County Property Appraiser ’s Office. Champions Walk of Bradenton LLC, whose address is listed as care in of Abington Holdings in New York City, sold the property to Merion Champions Walk L.P., whose address is listed as 308 E. Lancaster Ave., Suite 300, Wynnewood, Pa. Merion Champions Walk is listed as a pooled investment fund in a filing with the U.S. Securities and Exchange Commission. Although representatives of the company did not immediately respond to a request for comment, the Champions Walk web site , championswalkapartments.com is already touting new ownership, new management and b...