Multi-housing / PRS

Historic Hyde Park Collection

511 S Westland Ave Tampa, Florida United States 33606-2088
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key Facts

Building Area

Property Description

Spanning 65 units among six classically designed 1920’s vintage buildings, the properties are located on two adjacent blocks at the confluence of Hyde Park and the South Howard (SoHo) entertainment and nightlife district. The properties boast a 92 Walk Score, the highest in the area, and putting residents at the center of all that Hyde Park has to offer.



The properties have been meticulously maintained and are in excellent physical condition following significant capital expenditures, including the resealing of the roofs and the updating of all of the interiors to put them on par with newly built product in the area. However, the properties distinguish themselves with a character and uniqueness that is absent from today’s modern apartments. Designed in 1920’s Mediterranean revival architectural style, the units feature 9’ ceilings, hardwood floors, abundant natural light, original solid wood doors with glass knobs, and French doors leading to the bedrooms.

Investment Highlights

• Classic 1920’s architecture with fully updated interiors

• 92 Walk Score; highest in the area

• Owned and operated by local family since 1986

• $118,000 avg. HHI and $546,000 avg. home value within a 1-mile radius

• Ability to mark rents to market by nearly $150

• Tampa’s best shopping, dining, nightlife, and top-rated public schools


Last Updated Date: 26 Feb 2021
Zach Nolan
Zach Nolan
Senior Director, Capital Markets
Broker Licenses
FL-SL3280497
Matt Mitchell
Matt Mitchell
Senior Managing Director, Tampa Office Head
Broker Licenses
FL-BK3221815

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Last Updated Date: 26 Feb 2021

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