Mallory Square
Tampa, FL
December 2010 - April 2013
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Property Type
Multifamily
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Deal Type
Equity
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Deal Size
383 units
- Class A apartment building purchased at roughly a 17% discount to replacement cost
- Located five miles northwest of Tampa International Airport, just off Hillsborough Ave, a heavily-trafficked thoroughfare connecting Tampa to Pinellas County
- Executed property management and operational changes to improve the property's cash flow, leading to occupancy rates consistently above 90% at the time of sale