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Bayfront Villas Sells for $6.35M

Private Investor Purchases Waterfront Property
By Mekedes Demissew
September 11, 2003 | 12:57 P.M.

G&D Investments 1 LLC sold Bayfront Villas, a 121-unit multifamily property at 3201 58th St. South in Gulfport, FL, to a private investor under the name Windsor Square Apartments Inc. The buyer, in a 1031 exchange, purchased the property for $6.35 million, about $52,479 per unit.

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