Latitude 27 Apartments Update 02/03/23

Sarasota Apartment Community Sold for $115 Million

 

 

General Services Corporation, a Richmond, Virginia based apartment investor and management company, has acquired Longitude 82 in Sarasota for $115 million. The new owners changed the name to Latitude 27. The 360-unit, Class A, garden-style property, was built in 2017 and features a diverse unit mix of studios, one, two, and three-bedroom floorplans averaging 971 square feet. Longitude 82 showcases a desirable array of community amenities, including: a resort-style, saltwater pool; sundeck; fire pit; grilling stations; 24-hour, state-of-the-art fitness center; valet trash; resident clubhouse with lounge areas, demonstration kitchen, and snack/beverage station; fenced-in dog park with turf, shade, and agility equipment; car care center; pet wash station; and a shaded children's playground. The Property offers attached and detached garages available for rent.  

Photo: General Services Corporation

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