Starwood Capital Group sold the Turtle Cove apartments just outside West Palm Beach to Brookfield Properties for $107.5 million. Starwood sold the 444 apartments at 825 Cotton Bay Drive East for $242,072 per unit. The apartment community last traded for $61.5 million in 2016.

The sale was part of a portfolio sale. The S. Florida Business Journal reports Starwood agreed to pay $1.55 billion to Brookfield for 23 apartment complexes across the U.S. with about 7,300 units. Turtle Cove was among the properties listed, along with Miramar Lakes in Miramar and Sabal Pointe in Coral Springs.

Totaling 404,222 square feet, Turtle Cove was built on the 36.7-acre site with a lake in 1986.

Units in Turtle Cove range from 665 to 1,160 square feet and rent from $1,765 to $2,350. Amenities include two pools, a fitness center and a sports court.

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