South Tampa Value-Add Portfolio

Posted: 4/1/2019
136 Units
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Palms at Ballast Point
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Palms at Ballast Point
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Palms at Ballast Point
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Palms at Ballast Point
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Palms at Ballast Point
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Palms at Ballast Point
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Palms at Ballast Point
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Palms at Ballast Point
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Sun Bay
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Sun Bay
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Sun Bay
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Sun Bay
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Sun Bay
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Sun Bay
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Sun Bay

About

About South Tampa Value-Add Portfolio

Properties May Be Purchased Together or Individuallly

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 136-unit South Tampa Value-Add Multifamily Portfolio located in Tampa, Florida. The portfolio is comprised of the 48-unit Palms at Ballast Point, and the 88-unit Sun Bay Apartments, located about 1/2 mile from each other. The properties have the benefit of being in one of the highest rent growth submarkets in Tampa Bay (6.6% YoY) and have an opportunity to increase effective rents by $239 through implementing our proposed renovation plan on 100% of the units.