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Federal Capital Partners Acquires 200-Unit Apartment Complex in Tampa

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Federal Capital Partners purchased the garden-style apartments at 3408 Lancaster Ct. in Tampa, FL from Northland Investment Corporation for $ 24.05 million, or approximately $ 120,000 per unit. The Commons delivered to the Greater Egypt Lake-Leto MF submarket in 1972. The 273,506-square-foot community consists of two-, three- and four-bedrooms in 200 units throughout 20 buildings. The Commons provides a number of amenities to its residents making…
Tampa/St. Petersburg Commercial Real Estate News From CoStar Group

Post Tagged with 200Unit, Acquires, Apartment, Capital, Complex, Federal, Partners, Tampa

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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.

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