Ashford Bayside
5870 56th Avenue North, Kenneth City, FL, 33709, US
189 unités
Description de l'actif
Jones Lang LaSalle, Inc. (“JLL”) is pleased to present Rivertree Landing, a 228-unit community in Tampa, FL. The property offers a mix of studio, one, two, and three-bedroom units spread across seventeen residential buildings with a clubhouse. It is perfectly positioned for an interior value-add with significant potential premiums. Rivertree Landing benefits from its close proximity to Tampa's Uptown Innovation Quarter - centered around the main campus of the University of South Florida, and one of the southeast's most Innovative medical research districts.
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Attributs
Nombre d'unités
228
Année de construction
1974
Superficie du bâtiment nette
20 504 mètres carrés
Média
Points forts de l'investissement
- NEW ROOFS - all replaced since 2021
- Over 50% of windows replaced
- Excellent unit mix containing one, two, and three bedroom floor plans
- Substantial loss-to-lease in-place ($137K+) - 60% below market rent
- 220 units have been updated with opportunity to further improve
- Opportunity to convert to Ratio Utility Billing System (RUBS) to drastically reduce water/sewer expense
- Historical strong rent growth - 9.5% T12 net rental income growth
Contactez les courtiers
Rivertree Landing (0 Propriétés)
JLL peut vous aider à financer et à gérer votre portefeuille. Envoyez-nous un courriel aujourd'hui pour voir comment nous pouvons vous aider à réaliser vos ambitions.
Dernière mise à jour
16 sept. 2024
