Two Tampa apartments sold for $10M


  • By
  • | 4:00 p.m. April 7, 2014
  • | 0 Free Articles Remaining!
  • Tampa Bay-Lakeland
  • Share

TAMPA —Multifamily investor WISCO Holdings Inc. purchased two Tampa apartment buildings for $10.23 million.

The price equated to $35,017 per unit. That figure is below the average price per multifamily unit ($70,803) in the Tampa Bay area, according to the CoStar Group.

The purchase included the acquisition of 164-unit Newport Riverside for $5.74 million and the 128-unit Newport Pointe for $4.48 million.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news

Latest News

Sponsored Content