Sand Cos Sells Sawgrass Creek Apts in New Port Richey


Sand Companies, Inc. sold the 45-unit Sawgrass Creek Apartments at 8800 Lazy River Loop in New Port Richey, FL to SG Apartments LLC for $7.6 million, or approximately $169,000 per unit. The 49,500-square-foot apartment community consists of one-, two- and three-bedroom units across three buildings. It was built in 2008 and was 97 percent occupied at the time of sale. Thomas Shelly of Sunshine Commerical Brokerage LLC represented the seller....

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