Blog Archives

Amherst Buys 1,523 Single-Family Rental Properties from Institutional Investor

Amherst Holdings acquired a portfolio of 1,523 single family rental (SFR) properties from an undisclosed institutional owner and operator of the rental properties for $ 153.4 million or about $ 100,722 per home. The acquired portfolio consists of rental properties in nine markets where Amherst currently owns and manages properties, including Atlanta, Charlotte, Dallas, Jacksonville, […]

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Landing Resort Buys RV Park in Pasco County

Landing Resort LLC purchased an RV park at 37400 Chancey Rd. in Zephyrhills, FL from local owners for $ 5.58 million, or roughly $ 21,000 per pad. The property is situated in the Pasco County submarket with 270 stalls for trailers or campers. The sellers were reportedly retiring and the buyer owns a portfolio of […]

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Investor Buys Tampa WaWa for $6.5M

A private investor purchased the WaWa retail building at 15524 N. Dale Mabry Hwy in Tampa, FL from Up Dev-WaWa Dale Mabry LLC for $ 6.5 million, or approximately $ 1,200 per square foot. The 5,600-square-foot building delivered to the Hillsborough County submarket in 2017. The buyer purchased the asset as part of a 1031 […]

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The Bainbridge Cos Buys Waterfront Land for $13.2M

The Bainbridge Companies purchased 12 acres on Westshore Avenue in Tampa, FL from BTI Partners for $ 13.2 million, or about $ 1.1 million per acre. The vacant land is in the South Tampa submarket and was under contract for approximately 180 days. The Bainbridge Companies plans to develop the land and build 345 apartments. […]

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Geneva Grp Buys Citizen Bank & Trust Plaza in Lakeland

The Geneva Group purchased the Citizen Bank & Trust Plaza office building at 402 S. Kentucky Ave. in Lakeland, FL from a private investor for $ 7.2 million, or about $ 101 per square foot. The six-story building totals 71,190 square feet on 1.3 acres. The asset delivered to the Polk County submarket in 1975 […]

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