The Farrington Apartments – Closed on May 16, 2017

The Farrington Apartments – Closed on May 16, 2017

Price: $ 18,450,000

Total Number of Units: 224

Address: 2738 Roosevelt Boulevard, Clearwater, FL, United States

  • Centrally Located in Pinellas County with Direct Proximity to Gateway Business District (90,000 Jobs)
  • Institutional-Quality Frontage on Roosevelt Boulevard (62,000 Daily Traffic Counts)
  • Strong Immediate Rental Submarket with 97% Average Occupancy and 5.1% Annual Rent Growth
  • $850,000 in Recent Capital Improvements with Additional Value Add Opportunity
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Location Highlights

  • Less Than a 20 Minute Drive to Tampa International Airport ($1 Billion Expansion in Progress) and Tampa’s Westshore Business District (93,000 Jobs)
  • Just 20 Minutes to Nationally and Internationally Renowned Clearwater Beach

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