The Connor Group Acquires Property At 2098 Seminole Blvd In Largo With NorthMarq As Seller's Rep

The Boulevard, a residential property located at 2098 Seminole Boulevard in Largo, Florida, features a total of 260 units. The unit mix consists of 30 percent one-bedroom, 53 percent two-bedroom, and 17 percent three-bedroom units, with an average unit size of 1,106 sq. ft. This property, constructed in 2016, is situated in an accessible area with connectivity to major employment sectors and is approximately a 10-minute drive from the Gulf of Mexico beaches.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not disclosed
• Address: 2098 Seminole BLVD, Largo, FL, 33778
• Market: Largo
• Seller's Representative: Justin Hofford - NorthMarq, Kevin Mosher - NorthMarq, Luis Elorza - NorthMarq
• Buyer: The Connor Group
• Seller: RangeWater Real Estate

NorthMarq's Tampa Investment Sales team, comprising Luis Elorza, Justin Hofford, and Kevin Mosher, facilitated the sale. Elorza highlighted the unique opportunity for the new ownership to enhance revenue through a renovation program, whilst Hofford emphasized the benefits of the property's infill location and its ability to provide a desirable living experience in the competitive Central Pinellas market.