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Cedar Cove Apts Sold for $10.7M

Area: sqft BHK:  Price: 
City:  Location: 

Southeast Residential Recovery Fund VIII LLC acquired the 180-unit Cedar Grove Apartments at 8471 Grove Ter in Tampa, FL from Franklin Street for $ 10.7 million, or about $ 59,000 per unit. The 178,582-square-foot apartment community consists entirely of two-bedroom units in 14 buildings. It was built in 1974 in the Temple Terrace multifamily submarket, and was 94 percent occupied at the time of the sale. Darron Kattan, Robert Goldfinger, Kevin…
Tampa/St. Petersburg Commercial Real Estate News From CoStar Group

Post Tagged with $10.7M, Apts, Cedar, Cove, Sold

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Recent Posts

  • Irene Sandiego, Tampa4u Realtor — Past Home Sales
  • Compare the 4 Most Popular Low-Down-Payment Home Loans
  • It’s March! The Best Month for Tampa Home Sellers to List
  • Builders Fulfill Homebuyers’ Desire for Large Open-Floor-Plan Homes
  • The Most Expensive Existing Condos for Sale in Tampa Are on Bayshore Blvd

General Tampa Area

Today, Tampa is part of the metropolitan area most commonly referred to as the Tampa Bay Area. For U.S. Census purposes, Tampa is part of the Tampa-St. Petersburg-Clearwater, Florida Metropolitan Statistical Area. The four-county area is composed of roughly 2.9 million residents, making it the second largest metropolitan statistical area (MSA) in the state, and the fourth largest in the Southeastern United States, behind Miami, Washington, D.C. and Atlanta.[14] The Greater Tampa Bay area has over 4 million residents and generally includes the Tampa and Sarasota metro areas.

Tampa Areas

The city is divided into many neighborhoods, many of which were towns and unincorporated communities annexed by the growing city. Generally, the city is divided into the following areas: Downtown Tampa, New Tampa, West Tampa, East Tampa, North Tampa, and South Tampa. Well-known neighborhoods include Ybor City, Forest Hills, Ballast Point, Sulphur Springs, Seminole Heights, Tampa Heights, Palma Ceia, Hyde Park, Davis Islands, Tampa Palms, College Hill, and non-residential areas of Gary and the Westshore Business District.

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