Commercial Real Estate, Capital, Insurance, Leasing & Management

River Oaks Sold for $8.8M

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A private investor acquired the River Oaks apartments at 4102 Oak Knoll Ct. in Tampa, FL from WISCO LLC for $8.8 million, or about $34,000 per unit.

A private investor acquired the River Oaks apartments at 4102 Oak Knoll Ct. in Tampa, FL from WISCO LLC for $8.8 million, or about $34,000 per unit.

The two-story, 130,449-square-foot multifamily property was constructed in 1974 on 15.5 acres in the Northeast Tampa submarket of Hillsborough County. At 260 units, there is a mix of 97 one-bedroom, 130 two-bedroom and 33 three-bedroom apartments spread across 18 buildings. The asset was 94 percent occupied at the time of sale.

Robert Goldfinger, Darron Kattan, Kevin Kelleher, and Zach Ames with Franklin Street represented the seller.

Please see CoStar COMPS #2924973 for additional information on this transaction. Download PDF

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