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Spring Lake Apartments – Closed on February 17, 2017

Spring Lake Apartments – Closed on February 17, 2017

Price: $ Market Bid

Total Number of Units: 380

Address: 5301 Springlake Parkway, Haltom City, TX, United States

  • Desirable Class-B Community with Lakeshore Views
  • Outstanding Upside Opportunity by Continuing Unit Upgrade Program
  • Opportunity for Expense Reduction through Water Conservation Program
  • Income Growth Potential through Implementing Reserved Parking
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5th Avenue Apartments

5th Avenue Apartments

Price: $ 675,000

Total Number of Units: 9

Address: 6682 5th Avenue North, St. Petersburg, FL, United States

  • Recently Renovated Unit Interiors Which Includes New Appliances, Granite Countertops and New Bathroom Vanities Amongst Many Other Renovations
  • Concrete Block Construction Built in 1958 and Renovated in 2015

 

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Tradewind – Closed on February 10, 2017

Tradewind – Closed on February 10, 2017

Price: $ Market Bid

Total Number of Units: 306

Address: 2136 Tradewind Drive, Mesquite, TX, United States

  • Turnkey Property with Recent Exterior and Interior Capital Improvements
  • Outstanding Opportunity for Expense Reduction through Water Conservation Program
  • Substantial Upside Opportunity by Continuing Interior Unit Upgrade Program
  • Excellent Visibility, Surrounded by Prominent Area Employers and Convenient to Major Retailers
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Tallahassee Two-Property Portfolio – Closed on February 10, 2017

Tallahassee Two-Property Portfolio – Closed on February 10, 2017

Price: $ Market Bid

Total Number of Units: 195

Address: 2125 Jackson Bluff Road, Tallahassee, FL, United States

  • Opportunity to Acquire Critical Mass in Tallahassee, FL
  • $131,792 or 8.7% In-Place Loss-to-Lease and Utility Reimbursement Upside for New Investor
  • Stabilized Assets with Opportunity to Add-Value via Unit Upgrade Program
  • Tallahassee Home to More Than 47,000 Government and University Jobs

Sabal Court Apartments
2125 Jackson Bluff Road
Tallahassee, FL 32304

Silver Leaf East Apartments
2712 West Tharpe Street
Tallahassee, FL 32303

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The Park at Cortona

The Park at Cortona

Price: $ Market Bid

Total Number of Units: 220

Address: 5233 US Highway 98 North, Lakeland, FL, United States

  • Over $1.9 Million of Capital Improvement Renovations Within the Last Three Years
  • Value-Add Opportunity | Adjacent 9 Acres Allows for Additional 160 Units with Building Plans in Place
  • Stabilized Asset with Historically High Occupancy Levels

Call For Offers: Thursday, March 9th – 5:00 p.m. EST

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The Park at Chelsea – Sold on February 1, 2017

The Park at Chelsea – Sold on February 1, 2017

Price: $ 11,500,000

Total Number of Units: 150

Address: 15902 Spyglass Terrace, Hudson, FL 34667, USA

  • 75% of Property was Built in 2004 and 2007
  • Excellent Unit Mix Consisting of All Two and Three-Bedroom Floorplans with an Average of 1,322 Square Feet
  • Stabilized Asset with Proven Rent Growth
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Sun Bay Apartments – Sold on January 23, 2017

Sun Bay Apartments – Sold on January 23, 2017

Price: $ 5,891,500

Total Number of Units: 88

Address: 3730 West Bay Avenue, Tampa, FL 33611

  • Well-Built of Concrete Block in 1986 and All Units are Individually Metered
  • Excellent Unit Mix Comprised of 64% Two-Bedroom Floor Plans
  • Exceptionally Located in South Tampa, Providing High Barriers-to-Entry and Limited Sizeable 1980’s Construction
  • Located Within a 15 Minute Drive to Nearly 240,000 Jobs Between Downtown Tampa, Westshore Business District, MacDill Air Force Base and Gateway Business District
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Hatton House Senior Apartments – Closed on January 5, 2017

Hatton House Senior Apartments – Closed on January 5, 2017

Price: $ 2,150,000

Total Number of Units: 76

Address: 2045 3rd Avenue, Sneads, FL, United States

  • Age Restricted 55+, Section 42 LIHTC Community
  • 2001 Concrete Block Construction – Available for $28,289/Unit and $41.19/SF
  • Excellent Amenity Package Consisting of Heated Indoor Pool, Fitness Center, Elevator, Clubhouse, & More
  • Excellent Unit Mix Consisting of One and Two-Bedroom Floor Plans
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Hillsborough Avenue Redevelopment Opportunity

Hillsborough Avenue Redevelopment Opportunity

Price: $ $2,500,000

Total Number of Units: 0

Address: 13809 W Hillsborough Ave, Tampa, FL, United States

  • 3.57 Acre Redevelopment Opportunity in Tampa, FL
  • Possibility to Develop 120 Multifamily Units in a Strong Rental Market with Limited ‘A’ Com­petition
  • Directly Neighboring the Westchase Residential Community (#1 Zip Code in Tampa Bay for Median Household Income – $94,690)
  • Accessible from Hillsborough Avenue (50,500 Daily Traffic Count)
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Griffin Park Apartments – Sold on October 20, 2016

Griffin Park Apartments – Sold on October 20, 2016

Price: $ 10,075,000

Total Number of Units: 173

Address: 1013 Griffin Rd, Lakeland, FL 33805, USA

 

  • Well-Built of Concrete Block Construction
  • Stabilized Asset with 97% Occupancy and Below-Market Rents
  • 132 Units (76%) Upgraded with Vinyl Wood Flooring, Resurfaced Countertops, New White Appliances, Updated Lighting Fixtures and Crown Molding
  • Superior Amenity Package Including Four Cornhole Courts, Community Courtyard, Fitness Center, Playground & a Pool

 

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Tara Gardens – Sold October 20, 2016

Tara Gardens – Sold October 20, 2016

Price: $ Confidential

Total Number of Units: 22

Address: 1630 Jefferson Avenue, Largo, FL 33770

  • All Units Have Been Remodeled Within the Last Four Years
  • Roof Recently Replaced in 2012
  • Well-Built of Concrete Block Construction
  • Located within Approximately Four Miles of U.S. Highway 19
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Calibre Bend Apartments – Sold on October 7, 2016

Calibre Bend Apartments – Sold on October 7, 2016

Price: $ Confidential

Total Number of Units: 212

Address: 3924 Calibre Bend Lane, Winter Park, FL 32792

  • Extensively Renovated, Impeccably Maintained Asset with 25 Years of Institutional Ownership History
  • Ideal Candidate for a Light Value-Add Repositioning
  • Irreplaceable High-Demand, High Barrier-To-Entry Location
  • Located in the Path of Progress & Poised to Benefit from Orlando’s Rapidly Growing & Diversifying Economy
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Bayview Apartments – Sold September 16, 2016

Bayview Apartments – Sold September 16, 2016

Price: $ 875,000

Total Number of Units: 14

Address: 442 30th Avenue North, St. Petersburg, FL, United States

  • Redevelopment Potential on Low Density Parcel with 17.03 +/- Units Per Acre
  • Close Proximity to Downtown St. Petersburg
  • St. Petersburg Rental Submarket has 97.6% Average Occupancy and 7.9% Annual Rent Change for Q1 2016
  • All Units Feature Hardwood Flooring
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Crescent Lake – Sold December 11, 2015

Crescent Lake – Sold December 11, 2015

Price: $ 3,584,000

Total Number of Units: 56

Address: 459 5th Avenue North, St. Petersburg, FL, United States

  • Opportunity to Acquire a 56 Unit Multifamily Community just North of Downtown St. Petersburg
  • Water Views of Crescent Lake
  • Majority of Unit Interiors have been Upgraded with Bamboo, Ceramic Tile or Hardwood Flooring
  • Close Proximity to the Carillon and Gateway Business Districts (90,000 Local Employees)
  • True In-Fill Location within a High Barriers to Entry Submarket
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Green Oaks Apartments – Sold September 14, 2016

Green Oaks Apartments – Sold September 14, 2016

Price: $ Confidential

Total Number of Units: 100

Address: 6815 Interbay Boulevard, Tampa, FL 33616

  • Well-Constructed of Concrete Block in 1986
  • Excellent Unit Mix Consisting of One and Two-Bedroom Floor Plans
  • Washer/Dryer Connections in All Two-Bedroom Units and Washer/Dryer Appliances in 13 Two Bedroom Units
  • Exceptionally Located in South Tampa, Providing High Barriers to Entry and Limited Sizeable 1980’s Construction
  • One of the Closest Multi-Family Communities to MacDill Air Force Base
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Silver Oaks Apartments – Sold August 31, 2016

Silver Oaks Apartments – Sold August 31, 2016

Price: $ 20,950,000

Total Number of Units: 320

Address: 3024 North Powers Drive, Orlando, FL, United States

  • Well-Built of Concrete Block in 1989 and 1990
  • Superior Asset within Immediate Submarket
  • Favorable Unit Mix Featuring 67% Two-Bedrooms
  • Spacious Floor Plans with an Average Size of 957 Rentable Square Feet
  • Washer/Dryer Connections in All Units
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Iowa Court Apartments – Sold August 26, 2016

Iowa Court Apartments – Sold August 26, 2016

Price: $ 1,045,000

Total Number of Units: 20

Address: 3809 West Iowa Avenue, Tampa, FL, United States

  • Significant Value-Add Opportunity
  • Exceptionally Located in South Tampa, Providing High Barriers to Entry and Limited Sizeable 1970’s Construction
  • All One-Bedroom/One-Bathroom Units
  • Conveniently Situated Near Immediate Points of Interest Including Downtown Tampa and Westshore Mall, as well as the Prestigious Bayshore Boulevard and Hyde Park Areas of Tampa
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Two Property Affordable Portfolio – Sold August 15, 2016

Two Property Affordable Portfolio – Sold August 15, 2016

Price: $ 16,150,000

Total Number of Units: 352

Address:

  • Two Property, 352-Unit Multi-Family Portfolio
  • Opportunity to Acquire Critical Mass in Two Desirable Florida Markets
  • Affordable – Bond Financed Assets with Market Rate Component
  • Offered Free and Clear of Debt – Buyer May Place New Debt
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Ridgestone Apartments – Sold August 4, 2016

Ridgestone Apartments – Sold August 4, 2016

Price: $ 8,570,000

Total Number of Units: 136

Address: 12429 Little Road, Hudson, FL, United States

  • Built in 1985 with $1.36 Million of Capital Improvements in the Past 12 Months
  • Stabilized Asset – 97% Pre-Leased Occupancy
  • Excellent Value-Add Opportunity with Rents Well Below Market Average
  • Excellent Location within Hudson, Florida
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The Mirasol – Sold August 2, 2016

The Mirasol – Sold August 2, 2016

Price: $ 10,375,000

Total Number of Units: 58

Address: 84 Davis Boulevard, Tampa, FL 33606, USA

  • Historic Tampa Landmark Purchased by Local Tampa Bay Multi-Family Investor
  • Prestigious Davis Islands Location with Excellent Visibility and Frontage on Davis Boulevard
  • Irreplaceable Waterfront Location with 15-Slip Boat Dock
  • Less Than One Mile from Downtown Tampa
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Eden Court Apartments – Sold July 12, 2016

Eden Court Apartments – Sold July 12, 2016

Price: $ 1,765,000

Total Number of Units: 28

Address: 3712 West Cass Street, Tampa, FL, United States

  • Excellent Location in the West Shore Business District
  • Well-Built of Concrete Block Construction in 1973
  • Upgraded Unit Interiors with Laminate Flooring, Tile and New Windows
  • All One-Bedroom/One-Bathroom Floor Plans with 700 Rentable Square Feet
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Pine Harbor Apartments – Part of the LSR Florida Portfolio – Sold June 29, 2016

Pine Harbor Apartments – Part of the LSR Florida Portfolio – Sold June 29, 2016

Price: $ 45,500,000

Total Number of Units: 366

Address: 10600 Bloomfield Drive, Orlando, FL, United States

  • High Quality Asset, Best-In-Class Amenities and Features
  • Tremendous Value-Add Potential
  • Strategic Location Proximate to Transportation Corridors
  • Convenient Access to Retail and Entertainment
  • Outstanding Area Demographics
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Bay Point Villas – Sold on June 9, 2016

Bay Point Villas – Sold on June 9, 2016

Price: $ 7,650,000

Total Number of Units: 136

Address: 2150 62nd Terrace South, St. Petersburg, FL 33712, United States

  • Over $500,000 in Capital Improvements During the Last 12 Months
  • Stabilized Asset – 96% Current Occupancy
  • Located Just 1/2 Mile from Tampa Bay in St. Petersburg, FL
  • Less than 10 Minutes from Renowned St. Pete Beach and Downtown St. Petersburg
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Continental Park Apartments – Sold June 1, 2016

Continental Park Apartments – Sold June 1, 2016

Price: $ 1,500,000

Total Number of Units: 24

Address: 2393 Continental Avenue, Tallahassee, FL, United States

  • Well-Constructed 1988 and Renovated in 2014
  • Spacious Two-Bedroom/Two-Bathroom Units
  • Washer/Dryer Appliances in All Units
  • Within Four Miles of Florida State University and Florida A&M University
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The Vendome Apartments – Sold May 3, 2016

The Vendome Apartments – Sold May 3, 2016

Price: $ 1,366,500

Total Number of Units: 12

Address: 1710 West Jetton Avenue, Tampa, FL, United States

  • Large One-Bedroom Floor Plans with 800 Rentable Squre Feet
  • Value-Add Opportunity by Renovating the Interior of the Units and Increasing Rents
  • New Roofs Were Added Approximately Six to Seven Years Ago
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The Palms Apartments – Sold May 3, 2016

The Palms Apartments – Sold May 3, 2016

Price: $ Confidential

Total Number of Units: 32

Address: 2800 4th Street South, St. Petersburg, FL, United States

  • Concrete Block Construction Built in 1963, Renovated in 2014
  • Ideally Located Within Two Miles of Downtown St. Petersburg
  • Less Than 3 Miles East of US Highway 19 and Interstate 275
  • Within 20 Minutes of the Gateway and Carillon Business Districts with More Than 90,000 Employees
  • Short Commute to Several of the Nation’s Top Beaches
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Huntley Apartments – Sold April 29, 2016

Huntley Apartments – Sold April 29, 2016

Price: $ 525,000

Total Number of Units: 15

Address: 7707 North Huntley Avenue, Tampa, FL, United States

  • Centrally Located in Tampa, FL Within the Old Seminole Heights Submarket
  • $35,000 Price Per Unit
  • Unit Mix Comprised of 87 Percent Two-Bedroom Floor Plans
  • Immediate Upside in Below Market Rents
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St. Andrews Square Townhomes – Sold April 29, 2016

St. Andrews Square Townhomes – Sold April 29, 2016

Price: $ 3,715,000

Total Number of Units: 36

Address: 4113 Tartan Place, Tampa, FL, United States

  • Spacious Two-Bedroom/Two-and-One-Half-Bathroom Townhome Units with 1,250 Rentable Square Feet
  • Stabilized Asset – 100% Current Occupancy
  • Immediate Proximity to Westshore Business District (100,000 Employees)
  • All Units Include Washer/Dryer Connections and Private Patios
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Royal Portfolio – Three Properties – Sold April 18, 2016

Royal Portfolio – Three Properties – Sold April 18, 2016

Price: $ Confidential

Total Number of Units: 689

Address:

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Royal Oaks – Part of the Royal Portfolio – Sold April 18, 2016

Royal Oaks – Part of the Royal Portfolio – Sold April 18, 2016

Price: $ Confidential

Total Number of Units: 400

Address: 7315 West Hanna Avenue, Tampa, FL, United States

  • 400 Units – Centrally Located in Tampa, FL
  • Well-Constructed of Concrete Block
  • Spacious Units with an Average of 997 Square Feet
  • $1.45 Million of Recent Capital Improvements
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Royal Ridge – Part of the Royal Portfolio – Sold April 18, 2016

Royal Ridge – Part of the Royal Portfolio – Sold April 18, 2016

Price: $ Confidential

Total Number of Units: 138

Address: 7533 38th Avenue North, Saint Petersburg, FL, United States

  • 138 Units – Prime St. Petersburg, FL Location
  • One Mile from the Intracoastal Waterway
  • Concrete Block Construction
  • Excellent Value-Add Opportunity with Rents Considerably Below-Market
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Royal Springs – Part of the Royal Portfolio – Sold April 18, 2016

Royal Springs – Part of the Royal Portfolio – Sold April 18, 2016

Price: $ Confidential

Total Number of Units: 151

Address: 1717 Holden Avenue, Orlando, FL, United States

  • 151 Units – Central Orlando, FL Location
  • Well-Constructed of Concrete Block
  • Stabilized Asset with Over 95% Occupancy Throughout 2015
  • $370,000 of Recent Capital Improvements
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Tampa Bay MSA Five Property Portfolio – Sold March 22, 2016

Tampa Bay MSA Five Property Portfolio – Sold March 22, 2016

Price: $ 41,000,000

Total Number of Units: 735

Address: Tampa, FL, United States

  • The Palms at Cedar Trace – 176 Units – Tampa, FL
  • The Palms at Sand Lake – 212 Units – Tampa, FL
  • The Palms of Ashley Oaks – 130 Units – Tampa, FL
  • The Palms at Palisades – 125 Units – Brandon, FL
  • The Palms at Cortez – 92 Units, Bradenton, FL
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The Palms at Cedar Trace – Part of the Tampa Bay MSA Five Property Portfolio – Sold March 22, 2016

The Palms at Cedar Trace – Part of the Tampa Bay MSA Five Property Portfolio – Sold March 22, 2016

Price: $ Confidential

Total Number of Units: 176

Address: 220 Cedar Trace Circle, Tampa, FL, United States

  • Significant Capital Improvements
  • 86% of Unit Interiors Updated to Either ‘Premium’ or ‘Luxury’ Finish Level
  • June One Mile from the University of South Florida (USF)
  • Direct Proximity to Major Medical Centers
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The Palms at Sand Lake – Part of the Tampa Bay MSA Five Property Portfolio – Sold March 22, 2016

The Palms at Sand Lake – Part of the Tampa Bay MSA Five Property Portfolio – Sold March 22, 2016

Price: $ Confidential

Total Number of Units: 212

Address: 1302 Cooperstown Court, Tampa, FL, United States

  • Significant Capital Improvements
  • 82% of Unit Interiors Updated to Either ‘Premium’ or ‘Luxury’ Finish Level
  • Just 1.3 Miles from University of South Florida (USF)
  • Direct Proximity to Major Medical Centers
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The Palms at Ashley Oaks – Part of the Tampa Bay MSA Five Property Portfolio – Sold March 22, 2016

The Palms at Ashley Oaks – Part of the Tampa Bay MSA Five Property Portfolio – Sold March 22, 2016

Price: $ Confidential

Total Number of Units: 130

Address: 12745 North 17th Street, Tampa, FL 33612

  • Significant Capital Improvements
  • 89% of Unit Interiors Updated to Either Premium or Luxury Finish Level
  • Less Than One Mile From University of South Florida
  • Direct Proximity to Major Medical Centers
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The Palms at Palisades – Part of the Tampa Bay MSA Five Property Portfolio – Sold March 22, 2016

The Palms at Palisades – Part of the Tampa Bay MSA Five Property Portfolio – Sold March 22, 2016

Price: $ Confidential

Total Number of Units: Confidential

Address: 512 Camino Real Court, Brandon, FL, United States

  • Significant Capital Improvements
  • 86% of Unit Interiors Updated to Either ‘Premium’ or ‘Luxury’ Finish Level
  • Less Than One Mile and Just Five Minutes to Brandon Regional Medical Center
  • Convenient Commute to Downtown Tampa and West Shore Business District
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The Palms at Cortez Apartments – Part of the Tampa Bay MSA Five Property Portfolio – Sold March 22, 2016

The Palms at Cortez Apartments – Part of the Tampa Bay MSA Five Property Portfolio – Sold March 22, 2016

Price: $ Confidential

Total Number of Units: 92

Address: 3810 5th Street East, Bradenton, FL, United States

  • Significant Capital Improvements
  • 92% of Unit Interiors Updated to Either ‘Premium’ or ‘Luxury’ Finish Level
  • Centrally Located in Desirable Bradenton, FL
  • Only a 15 Minute Drive to World Renowned Anna Maria Island and Bradenton Beach
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Westshore Gardens – Sold March 5, 2016

Westshore Gardens – Sold March 5, 2016

Price: $ 1,200,000

Total Number of Units: 14

Address: 4201 West North A Street, Tampa, FL, United States

  • Approximately $400,000 in Recent Capital Improvements
  • Upgraded Unit Interiors with Hardwood Flooring, Stainless Steel Appliances, Marble Countertops and Hardwood Cabinetry
  • Spacious Two-Bedroom/One-Bathroom Units Ranging from 750 to 900 Rentable Square Feet
  • Stabilized Asset – 100% Current Occupancy
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Avalon Square – Sold February 8, 2016

Avalon Square – Sold February 8, 2016

Price: $ 9,800,000

Total Number of Units: 154

Address: 3506 14th Street West, Bradenton, FL, United States

  • Stabilized Asset with a Desirable Unit Mix of Studios and Spacious 1, 2, and 3 Bedroom Floor Plans
  • Concrete Block Construction with Recent Updates to the Majority of Unit Interiors
  • Centrally Located with Great Visibility Along 14th Street with Easy Access to Downtown Bradenton and Gulf Beaches
  • Well-Maintained Property with a Full Amenity Package Available to Tenants
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San Juan Villas – Sold January 25, 2016

San Juan Villas – Sold January 25, 2016

Price: $ 1,050,000

Total Number of Units: 8

Address: 311 West San Juan Street, Tampa, FL, United States

  • Amenities Include an On-Site Laundry Facility, Private Patios and Carport Parking
  • Updated Electrical and Plumbing Throughout Both Buildings
  • Scenic Landscaping and Functioning Water Fountain the Common Area
  • Located in Highly Desirable South Tampa
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Bay Vista Apartments – Sold January 25, 2016

Bay Vista Apartments – Sold January 25, 2016

Price: $ 1,300,000

Total Number of Units: 8

Address: 2916 West Bay Vista Avenue, Tampa, FL, United States

  • Superior Unit Mix Comprised of One-Bedrooms w/ Dens and Two-Bedroom Floor Plans
  • Located in the Highly Desirable South Tampa
  • Select Units Upgraded with Granite Countertops, Kitchen Cabinets or Stainless Steel Appliances
  • Updated Electrical and Plumbing Throughout Both Buildings
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Trask Street Apartments – Sold January 5, 2016

Trask Street Apartments – Sold January 5, 2016

Price: $ 530,000

Total Number of Units: 9

Address: 6818 South Trask Street, Tampa, FL, United States

  • Located in the Highly Desirable South Tampa Sub-Market
  • All Two-Bedroom/One-Bathroom Units
  • Concrete Block Construction with Central Heat & Air
  • New Roofs within the Past 4 Years
  • Average 10-Year Residents with Significantly Below Market Rents
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Fairmont Oaks Apartments – Sold December 1, 2015

Fairmont Oaks Apartments – Sold December 1, 2015

Price: $ Confidential

Total Number of Units: 178

Address: 316 Southwest 62nd Boulevard, Gainesville, FL, United States

  • Well-maintained affordable asset, only income restricted
  • Immediate rental upside through physical improvements
  • Approximately $185,000 in capital improvements since 2011
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Garden Isle Apartment Homes – Sold November 17, 2015

Garden Isle Apartment Homes – Sold November 17, 2015

Price: $ Confidential

Total Number of Units: 300

Address: 6919 Bonair Drive, Tampa, FL, United States

  • Receiving $100.00 Plus Monthly Rental Premiums for Upgraded Units
  • Well-Constructed of Concrete Block
  • Excellent Value-Add Opportunity with Rents Considerably Below-Market
  • Close Proximity to Essential Regional Economic Drivers
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Bay Park Villas – Sold November 12, 2015

Bay Park Villas – Sold November 12, 2015

Price: $ 3,010,000

Total Number of Units: 88

Address: 2315 Central Avenue, Fort Myers, FL, United States

  • Constructed of Concrete Block in Three Phases Between 1973 and 1982
  • Upgraded Unit Interiors with Granite Countertops, New Appliances and Ceramic Tile Flooring
  • Unit Amenities Include Walk-In Closes, Private Balconies or Private Patios
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Hubert Apartments – Sold November 12, 2015

Hubert Apartments – Sold November 12, 2015

Price: $ 410,000

Total Number of Units: 13

Address: 4611 North Hubert Avenue, Tampa, FL, United States

  • One Block from Dale Mabry Highway
  • Close to Hillsborough Community College, Raymond James Stadium and Steinbrenner Field
  • 12 Units and a Single Family Home
  • Preferred Unit Mix: 77% Two-Bedroom Units
  • Centrally Located in Tampa, FL within the Westshore Business District
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The Oaks at Bayshore – Sold November 2, 2015

The Oaks at Bayshore – Sold November 2, 2015

Price: $ 5,500,000

Total Number of Units: 48

Address: 5411 Bayshore Blvd, Tampa, FL, United States

  • Condominium Grade Interiors Including Upgraded Kitchen and Bathroom Cabinets with Washer/Dryer Appliances in Every Unit
  • Constructed of Concrete Block in 1975 and Well Maintained
  • Excellent Unit Mix Consisting of 50% Two-Bedroom and 50% One-Bedroom Floor Plans
  • Private Gated Access
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Bear Creek – Sold October 21, 2015

Bear Creek – Sold October 21, 2015

Price: $ 12,900,000

Total Number of Units: 120

Address: 2367 Bear Creek Drive, Naples, FL, United States

  • Well-maintained Section 42 LIHTC property built in 1995
  • Located in a very strong submarket with market rents over $200 higher than maximum allowable LIHTC rents
  • Average three-year vacancy below 3%
  • Directly across the street from shopping and employment
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The Oaks at Ellenton – Sold September 16, 2015

The Oaks at Ellenton – Sold September 16, 2015

Price: $ 6,600,000

Total Number of Units: 168

Address: 1651 36th Avenue East, Ellenton, FL, United States

  • Approximately $50 – $70 Below Maximum Allowable Rents
  • Potential Management Upside Opportunity
  • 10-Year Chain of Title is Intact, Buyer May Choose to Re-Syndicate with LIHTC Tax Credits
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