LAKELAND, FLA. — National Property Management Associates, based out of Orchard Park, New York, has acquired Village at Lake Highland in Lakeland from Chicago-based Providence Real Estate. The sales price was not disclosed. Cole Whitaker, Jason Stanton and Mary Beale of Berkadia Central & North Florida arranged the sale on behalf of Providence. Located at 2150 Lake Highland Blvd., Village at Lake Highland was built in 2001 and consists of 16 two- and three-story buildings on a 37-acre site. The community offers one-, two- and three-bedroom units ranging from 729 to 1,217 square feet. Providence invested approximately $6.8 million in interior and common-area upgrades during its hold. Amenities include a resort-style pool with outdoor grilling areas, a 24-hour fitness center, tennis and sport courts, an off-leash dog park, a playground and 24-hour emergency maintenance services.
Chicago-based Providence Real Estate has sold Village at Lake Highland in Lakeland, Fla., about 37 miles east of Tampa. New York-based National Property Management Associates bought the community.
Providence Group Sells Property in Lakeland, Florida
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