TAMPA — Real estate investor Ben Mallah II has sold the Hacienda De Ybor apartments in Ybor City for $5 million.
The property, consisting of 99 studios and one-bedroom units, has provided affordable housing for senior citizens for more than 40 years. It will continue as a seniors-only complex, Mallah said.
The buyer was Hacienda De Ybor LLC of Miami.
Over the past year, Mallah has bought or sold several Tampa Bay properties, including the Sheraton Suites Tampa Airport Westshore, which he acquired this month for $21.25 million.