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Follow on Google News | 30 West Apartments in Bradenton Fetches $25 Million in Recent SaleCommunity was Formerly Acquired and Refurbished by Sarasota-Based Insula Companies
By: Insula Companies Insula Companies purchased the property – located at 2835 50th Avenue West in Bradenton – for $14.28 million out of foreclosure in 2013. The firm spent more than $1.4 million enhancing curb appeal, improving common area amenities, and making multiple interior upgrades to residential units in order to create a truly value-added apartment community. With properties in Georgia as well as Orlando, Tampa, Jacksonville, Lakeland and throughout Southwest Florida, Insula Companies pursues only the communities considered to have the best future value for investors. Among the criteria to qualify for acquisition, an apartment community must be a class B or C property with a minimum of 150 units, 15 to 40 years old, present value-added potential through cosmetic or substantial rehabilitation work, and have market-related and/or management induced challenges. About Insula Companies Since 2009, Insula Companies have recognized the potential for apartment community acquisition and revitalization and provided investors with a portfolio of more than 3,300 units and $200 million in assets in Florida-based complexes. With regional offices serving multiple major Florida markets, the firm has developed an unrivaled track record for providing its investors with solid returns on investments. For more information, visit InsulaCompanies.com or call Jeff Talbot, Principal, at 941.960.7000. Grapevine Communications provides full-service advertising, marketing and public relations services to clients nationwide. The firm is the most award-winning advertising agency in Sarasota, Florida, and the surrounding areas. Recent accolades include the 2014 Small Business of the Year by the Manatee Chamber of Commerce; the 2015 & 2014 Best Marketing/PR Agency by SRQ Magazine readers; and the 2010 Frank G. Berlin, Sr. Small Business of the Year by the Greater Sarasota Chamber of Commerce. For more information on Grapevine Communications, contact Shelby Isaacson (Shelby@grapeinc.com) End
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