PENSACOLA, FLA. — Berkadia has arranged the sale of Atwood Oaks and Davis Gardens, two vintage communities totaling 211 units approximately 2 miles apart in Pensacola. Atlanta-based Tioga Capital acquired the 136-unit Atwood Oaks, while an undisclosed LLC out of Cantonment, Florida, purchased the 75-unit Davis Gardens. Berkadia’s David Etchison and Andrea Kendrick led the transaction. Built in 1972, Atwood Oaks at 1857 Atwood Drive comprises one- and two-bedroom units and such amenities as a pool, a dog park, a courtyard and on-site maintenance. Completed in 1985, Davis Gardens at 8619 N. Davis Highway features 75 studio, one- and two-bedroom units. Amenities include wooded views, a dog park, a barbecue and picnic area and on-site maintenance.
Built in 1985, Davis Gardens was one of two Pensacola, Fla., properties recently traded and arranged by Berkadia.
Berkadia Brokers Sale of Two Pensacola Properties
5
previous post