About Harbor Cove & Riverside Portfolio
North Central Florida Income Restricted Investment Opportunity
Cushman & Wakefield, as exclusive advisor, is pleased to present Harbor Cove and Riverside Apartments as a portfolio or individually. Harbor Cove, a 208-unit two story garden community is located in Gainesville, Florida with visibility to Interstate 95. Riverside Apartments, a 304-unit two story garden community is located in Tarpon Springs, Florida, which is part of the Tampa MSA. The units average 1,000 square feet with over 65% 2- or 3-bedrooms. The portfolio offers significant upside by first, setting rents to current market rent levels and second, by implementing an in-unit renovation program. Residents have access to strong employment markets and are each less than an hour drive away from their respective metropolian areas. The Harbor Cove and Riverside portfolio is being offered for sale by its owners, Waypoint Real Estate Investments.