Merion Champions Walk, L.P. acquired Champions Walk Apartments in Bradenton, Florida for $58 million, or $154,255 per unit. The community was constructed in 1997, is in good physical condition, is very well located and has a solid resident base. Merion’s business plan focuses on improving the physical asset with a remodel of the clubhouse, leasing center, pool area and amenity package. Merion will also institute a unit interior upgrade program to better compete with newer communities in the Bradenton and Sarasota markets.
Merion Multifamily Fund IV is Fully Committed
Merion Realty Partners has raised its fourth multifamily investment fund that will target both core-plus and value add multifamily opportunities. The first identified asset within the fund, Heights at Black Bear Village was acquired in January 2026. It is...
