Arbor Oaks of Bradenton apartment complex sells for $19.8 million

The 191-unit Arbor Oaks of Bradenton at 5400 26th St. W. is the latest of several local apartment complexes that investors have snapped up this year.

Sanctuary Residential Investor LLC of Las Vegas sold Arbor Oaks to AO Bradenton Partners Owner LLC of Greenville, S.C., for $19.8 million, according to public records released by the Manatee County Clerk of the Circuit Court’s office.

Arbor Oaks is located on 27 acres west of Saddle Creek Plaza shopping center and east of Bayshore High School.

Four different floor plans are offered at Arbor Oaks, ranging in size from a studio to a two-bedroom apartment. Each home has a private lanai, central air conditioning and heating, and faux wood flooring. Some plans have walk-in closets and a washer and dryer, according to the apartment website.

Amenities include two swimming pools, a tennis court and a fitness center. Arbor Oaks is a pet-friendly community.

Other notable multifamily communities sold in Manatee County as previously reported in the Bradenton Herald include:

• The Gardens, 11300 U.S. 301, Parrish, $80 million.
• Echo Apartments, 11502 Echo Lake Circle, Lakewood Ranch, $76 million.
• Champions Walk, 4148 53rd Ave. W., Bradenton, $58 million.
• Lost Creek at Lakewood Ranch, 11140 Lost Creek Terrace, Lakewood Ranch, $50.5 million.
• Harbour Pointe Apartments, 4501 71st St. W., Bradenton, $27.6 million.
• River Trace Apartments, 2710 River Trace Circle, Bradenton, $15.9 million.
• Avalon Square Apartment Homes, 3506 14th St. W., Bradenton, $11.9 million.
• Cortez Plaza Apartments, 4507 Ninth St. W., Bradenton, $6.27 million.

For more information about Arbor Oaks of Bradenton, visit arboroaksofbradentonapts.com.

The new owners of Arbor Oaks of Bradenton did not immediately respond to a request for comment on Wednesday.

This story was originally published December 20, 2017 at 1:30 PM with the headline "Arbor Oaks of Bradenton apartment complex sells for $19.8 million."