Axonic Properties Acquires 1,067-Bed Student Housing In Tampa For $83.5M

Jonathan Shechtman represented Axonic Properties as the buyer in the sale of the student housing located at 15115 Livingston Ave in Tampa. The property spans across 41.9 acres and comprises 1,067 beds. The transaction was completed on 04/07/2022.

Summary of transaction details

• Property Type: Student Housing
• Transaction Amount: $83,500,000
• Address: 15115 Livingston Ave, Tampa
• Market: Tampa
• Beds: 1,067
• Acres: 41.9

Axonic Properties secured financing for the acquisition from keybank-''>keybank-''>keybank-''>KeyBank. The seller in this transaction was Coastal Ridge Real Estate & Heitman LLC. TSB Realty acted as the broker in the deal. The property consists of 312 units, resulting in a price per unit of $267,628.