Wolf Partners Acquires Multifamily Property In Tampa For $16M | 200 South Hoover Boulevard | Bianca Lopez | MultiFamily | Sale

Summary

Sale

FLORIDA

MultiFamily

217,800 sqft

Wolf Partners has purchased a 5-acre property located at 200 South Hoover Boulevard in Tampa's Beach Park neighborhood for $16,000,000. The property, currently owned by Wisco, is a multifamily asset comprising 87 units with a per unit price of $183,908. It spans a total of 217,800 square feet, resulting in a price per square foot of $73. The transaction was facilitated by Bianca Lopez from Smith & Associates Real Estate.

Summary of Transaction Details

Property Type: Multifamily
Sale Price: $16,000,000
Number of Units: 87
Price Per Unit: $183,908
Total Square Footage: 217,800
Price Per Square Foot: $73
Market: Tampa

According to Bianca Lopez, the buyer's representative from Smith & Associates Real Estate, Wolf Partners plans to redevelop the property into a luxury townhome gated community. The project is set to break ground in 2023 and will be listed by Bianca Lopez for sale.

Players

All
2

Agents
1
Agencies
1

Bianca Lopez

Realtor

$26M Sold

Smith & Associates Real Estate

Details

Deal Summary

SOLD

IMAGE: Bianca Lopez DATE: 09/23/2022 ADDRESS: 200 South Hoover Boulevard MARKET: Tampa ASSET TYPE: Multifamily BUYER: Wolf Partners (@Wolf.Partners) SELLER: Wisco BROKER: Bianca Lopez (@Iambiancalopez ) - Smith & Associates Real Estate (@SmithandAssociates) SALE PRICE: $16,000,000 UNITS: 87 ~ PPU: $183,908 SF: 217,800 ~ PPSF: $73 NOTE FROM BROKER: Wolf Partners purchased the 5 acres in one of Tampa's best neighborhoods; Beach Park. The property is to be redeveloped for a luxury townhome gated community. To be listed by Bianca Lopez with Smith & Associates Real Estate. Project to break ground 2023.

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Address200 South Hoover Boulevard

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