Ashford Place
Closed10610 N 30th St, Tampa, FL 33612
Property type
Multifamily
Unit / Space count
369
Building size
396,636 SF
Year built
1973
Lot size
14.92 acres
Sold/status
Sold · Date unknown
Sale price
$23000000
Property description
Ashford Place is a 369-unit multifamily community located in Tampa, Florida. The 48-building property was built in 1973 and the unit mix consists of 92-1 Bed 1 Bath, 180-2 Bed 2 Bath, 96-3 Bed 2Bath, and an admin unit with a weighted average size of 968 square feet. The 48 buildings are situated on 14.92 acres of land, and includes menities such as two swimming pools, and a fitness center. The property is conveniently located within walking distance of the University of South Florida, one of the largest schools in the nation, and one of the area’s biggest employers. Other large employers in the market includes Busch Gardens, and Florida Hospital. The current owners have invested $1.6 million in the last two years for exterior renovations including complete siding replacements. These recent renovations coupled with improved management techniques, will allow the new owners to realize significant cash flow and capital appreciation.