The Real Deal Miami

Lakeland’s Cleveland Heights multi-family community sells for $8.65 million

December 13, 2012 10:30AM

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Cleveland Heights

The 236-unit Cleveland Height multi-family complex in Lakeland has sold for $8.65 million, or about $36,653 per unit, according to Marcus & Millichap, which handled the transaction. Cleveland Heights, which is located at 3520 Cleveland Heights Boulevard in Lakeland, consists of 31 one- and two-story buildings. Marcus & Millichap’s Michale Regan and Francesco Carriera had the exclusive listing on behalf of the seller, a private investor and the buyer, a limited liability company. — Alexander Britell

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