Blog Archives

New York Investor Sells River View Apartments in Tampa for $31 Million

New York-based investor Axonic Properties sold the 296-unit River View Apartments in Tampa, Florida, to an undisclosed buyer taking title as River View Apartments LLC for $ 31 million, or about $ 105,000 per unit. Axonic Properties originally acquired the apartment complex in 2017 from The Reliant Group for $ 23.4 million, according to CoStar […]

Area: sqft Bed Room:  Price: 
City:  Location: 

All Those New Apartments in South Florida Still Aren’t Enough, Report Says

It may seem that an apartment complex is going up on every street corner in South Florida, but a new report shows that builders actually have some catching-up to do. Renters moved into 9,155 units across the tri-county region in the first half of 2018, while deliveries totaled 6,336 over the same period, according to […]

Area: sqft Bed Room:  Price: 
City:  Location: 

American Residential Acquires 30-Unit Park West Apartments in Tampa

American Residential Investment Management, a multifamily investor based in Wake Forest, NC, acquired the 30-unit Park West Apartments from Hyde Park Apartments for $ 5.1 million, or about $ 170,000 per unit. Built in 1974, the 21,491-square-foot apartment complex is located at 3215 W. Swann Ave. The Park West Apartments offers a mix of one- […]

Area: sqft Bed Room:  Price: 
City:  Location: 

New Towne Properties Pays $7.8 Million for Waterside Village Apartments

New Towne Properties, an investor based in Largo, FL, acquired the 102-unit Waterside Village Apartments in St. Petersburg, FL from Mallah Enterprises for $ 7.8 million, or about $ 76,000 per unit. Located at 3600 49th Ave., the 31-buidling multifamily community was originally built in 1976, but was renovated in 1988. Waterside Village Apartments offers […]

Area: sqft Bed Room:  Price: 
City:  Location: 

Airbnb, Miami Developer to Offer Home-Sharing Apartments

Airbnb and Newgard Development Group of Miami are partnering to offer home sharing in new apartment buildings to be built the Southeast, with the first project planned for Kissimmee, FL, near Orlando. The 324-unit building will be called Niido Powered by Airbnb, and will allow residents to rent out their units for up to 180 […]

Area: sqft Bed Room:  Price: 
City:  Location: