A 56-unit apartment community in Lakeland sold for $10 million, according to Colliers.
Colliers brokers Miles Tombrink and Luis Baez handled the sale of the property at 915 Ariana Street. Rentlakeland Ariana LLC sold the community to Ariana Apartments Silverado LLC and Ariana Webster LLC.
The seller owned the property for about 20 years. The community began with 20 units in the mid-1980s. In 2024, the owner added 36 units and renovated the original buildings to match the new construction.
Colliers said the buyer closed at the contract price using agency financing and completed the purchase as part of a 1031 exchange…