Lutz Apartment Community Sells For $90 Million

By Jay Wittner June 15, 2021

Lutz’s Altis Promenade Apartments has sold for $90 million. The luxury community consists of 338 units and was completed in 2019. The complex is 97% leased and the sale comes to $267,000 per unit. The amenities are amazing and include: Starbucks Lounge, Business Lounge, Game Room, Theater Room (120 inch screen), and many more. Altis Promenade is located at 18065 Promenade Park Lane – Lutz, FL 33558. The new owner is PASSCO Companies.