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The Morgan

Posted: 9/19/2024
304 Units
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About

About The Morgan

The Florida Multifamily Group of Cushman & Wakefield is proud to present the Morgan, a 304 unit value-add opportunity in St. Petersburg, FL. The property boasts some of the largest floor plans in the submarket and is a prime candidate for a renovation program as 100% of the units have ability to be further upgraded to luxury-grade finish levels and achieve over a $150 renovation premium and over a $300 increase taking into account the current loss-to-lease. The property is situated adjacent to a Publix anchored shopping center and conveniently located just off Interstate-275 and the Sunshine Skyway bridge with convenient access to the Skyway Marina district, gulf beaches, downtown St. Petersburg and Bradenton/Sarasota..

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