Washington, D.C.-based StoneBridge Investments has sold the Enclave at Northwood apartment complex in Clearwater for $21.4 million. The 188-unit apartment community is located on Enterprise Road East and was completed in 1985. Trading for just under $113,830 per unit, the property features a 24-hour fitness center, tennis courts, two swimming pools and spas, and laundry facilities. In addition, 110 parking spaces and a clubhouse are provided. Stonebridge purchased the asset in July 2012 from Nashville-based Covenant Capital Group for $18.5 million. The identity of the buyer was not disclosed.
