Uptown Villas
Closed13911 N 19th St, Tampa, FL 33613
Property type
Multifamily
Unit / Space count
90
Price
$9,750,000
Building size
63,282 sf
Rentable area
63,282 SF
Year built
1972
Year renovated
Occupancy
Zoning code
Lot size
1.31 Acres
Sold/status
Sold · Date unknown
Sale price
$9750000
Bedroom count
Property description
The Uptown Villas Portfolio is a 2 property, 90 unit multifamily portfolio located in the Uptown District of Tampa, FL. Both communities are located less than 1 mile from the University of South Florida, one of the nation's Top 50 public Universities with over 50,000 students and 16,000 staff members. The Uptown Villas Portfolio includes 2 properties; Uptown 68 (68 units) and Uptown 22 (22 Units). The properties represent an excellent opportunity to implement strategic value-add upgrades through modern interior renovations. The portfolio is convenient to over $2 billion in new developments, including the $1 billion "Uptown" University Mall Development (1.3 Mi), the Yuengling Brewery Campus Expansion Development (2.7 Mi), the $256 Million Advent Health Expansion Development, and the $400 million Moffitt Cancer Center Development (1.9 Mi).
Property highlights
- 90-Unit, Two-Property Portfolio in Tampa, FL
- Excellent Value-Add Opportunity in High-Growth “Uptown” Submarket
- Sold to Out-of-State Buyer
- Navigated Challenging Capital Markets Landscape and Hardening Insurance Costs