Rob Marshall Of Horizon Realty Advisors Acquires 251-unit Niche Multifamily In Tampa For $57M

The multifamily asset involved in this transaction is located at 1116 West Carmen Street, Tampa, and consists of 251 units in a six-story structure built in 2024. The sale price for this community was recorded at $57 million, resulting in a per unit price of $227,092. The property is situated near the University of Tampa and represents a key addition to the buyer's portfolio.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $57,000,000
• Units: 251
• Price Per Unit: $227,092
• Buyer: Rob Marshall - Horizon Realty Advisors
• Seller: Wingspan Development Group & ABC Capital Corp
• Date of Sale: 02/23/2026
• Market: Tampa

Rob Marshall, representing Horizon Realty Advisors, successfully acquired the property from Wingspan Development Group and ABC Capital Corp. This acquisition aligns with Horizon's strategy to expand its multifamily platform, which encompasses 53 properties across 15 states, while the sellers are looking to recycle capital into new Florida projects.