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Jazayri Construction Sells 652-Unit Tampa Multifamily Portfolio

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The Focus Group Company acquired four multifamily properties located in Tampa, FL from Jazayri Construction for $ 30.03 million, or approximately $ 46,000 per unit. The deal totals 564,753 square feet and includes 7903 Holly Lea Ct., 6909 Indian River Dr., 1426 Marathon Key Dr. and 715-742 Palm Bay Dr. in Tampa, FL. It totals 652 units built between 1968 and 1985 within the University and Temple Terrace submarkets. “The acquisition is an excellent…
Tampa/St. Petersburg Commercial Real Estate News From CoStar Group

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