Ashcroft Capital Managers LLC Acquires 416-Unit Multifamily In Tampa For $55.8M

Ashcroft Capital Managers LLC has acquired a multifamily property located at 2770 Roosevelt Boulevard in Tampa. The property, owned by Kimball Key LLC, was sold for a total of $55,800,000. With a total of 416 units, the price per unit (PPU) comes to $134,135.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $55,800,000
• Address: 2770 Roosevelt Boulevard, Tampa
• Market: Tampa
• Seller: Kimball Key LLC
• Buyer: Ashcroft Capital Managers LLC
• Brokers: Nick Meoli & Mike Donaldson - Cushman & Wakefield
• Units: 416
• PPU: $134,135

The deal was facilitated by brokers Nick Meoli and Mike Donaldson from Cushman & Wakefield, representing both the buyer and the seller in the transaction.