Garden Court Portfolio
Closed802 E Alabama St, Plant City, FL 33563
$20,250,000209 units203,930 SF
Multifamily
Property type
Multifamily
Unit / Space count
209
Price
$20,250,000
Building size
203,930 sf
Rentable area
203,930 SF
Year built
Year renovated
Occupancy
Zoning code
Sold/status
Sold · Date unknown
Sale price
$20250000
Bedroom count
Property description
The Garden Court Portfolio is comprised of 209 units and 29 total properties in Plant City, within Hillsborough County, FL. Most units have washer and dryer connections and the average unit size is 995 square feet. The unit mix includes 75; 1 Bed 1 Bath Units (729 SF), 79; 2 Bed 1 Bath Units (1,014 SF), and 55; 3 Bed 1 Bath Units (1,331 SF).
Property highlights
- First Time Property Has Ever Sold Since it was Originally Developed in the 1970-1980’s
- Scattered Sites Consisting of 100% Single-Story Concrete Block Structures
- Located Within Close Proximity to Downtown Plant City and I-4 with Easy Access to Tampa (23 Miles) and Lakeland (20 Miles)
- Buyer Plans on Significant Value-Add Strategy