Harbour Cay
Closed12001 Belcher Rd, Largo, FL 33773
Property type
Multifamily
Unit / Space count
276
Price
$23,500,000
Building size
246,232 sf
Rentable area
246,232 SF
Year built
1984
Year renovated
Occupancy
Zoning code
Sold/status
Sold · Date unknown
Sale price
$23500000
Unit mix
33x
2br
135x
2br
Bedroom count
Property description
• Excellent opportunity to acquire a well maintained Class “B” asset in a strong infill location offering significant barriers to entry and the potential to continue to implement a value-add program. • Approximately 15% of the units are already renovated and achieving rent premiums of 9.6% collectively. • Strategically located within 20 minutes of the area’s largest employment centers and major demand drivers, in addition to numerous cultural and sporting venues. • The Property features nicely appointed units, an attractive amenity package, and is ideally positioned in close proximity to several primary transportation routes. • Property is 100% pre-leased and immediate rent increases could be implemented