Michaelson Real Estate Group, LLC and a private equity investor Closes Forest Creek Apartments in Largo, Florida

Michaelson Real Estate Group, LLC announces the acquisition of Forest Creek Apartments, a 104-unit apartment community in Largo, Florida.

Built in 1986, Forest Creek features one and two-bedroom apartments with upgraded kitchens, ceramic tile flooring, spacious closets and private balcony/porches. Each unit has a washer and dryer. The property also boasts a superior amenity package including a sparkling pool, fitness center, grill/picnic area and Bark Park.

“Michaelson has been a part of many multifamily sales in the Tampa Bay Area”, said Mike Moses, Chief Executive Officer at MREG. “This development is a great addition to our portfolio.” Largo, the third largest city in Pinellas County and the fourth largest city in the Tampa Bay area, is in-demand for investment due to its proximity to Tampa and St. Petersburg as well as its central location to just about everywhere else.

Forest Creek is conveniently located at 13500 Rodgers Avenue,near major thoroughfares like I-275 and US Highway 19. The communityis an easy drive to and from great destinations like Clearwater Beach, Dunedin, St. Petersburg and more.Forest Creek is also 5 to 15 minutes from the beach, depending on whether you choose Tampa Bay, Indian Rocks Beach, Clearwater, Treasure Island or the many other beautiful beaches located nearby. It is also conveniently located near Largo Mall, numerous restaurants, grocery stores, golf courses, retail outlets and more.

Michaelson is a full service multi-family housing and commercial real estate management and investment firm. Michael N. Moses, the principal, is a seasoned real estate executive and entrepreneur with more than 30 years of experience in the multifamily market. Michaelson specializes in enhancing multifamily values through marketing, management and repositioning. Michaelson has managed more than 30,000 apartment and condominium units throughout Florida, Tennessee, North Carolina and Texas.