Regent Acquires Multifamily Asset In Tampa For $10.75M With Broker Matthew Valeri - CBRE

An eight-building multifamily property located at 4131 E. Busch Blvd in Tampa has been sold for a price of $10,750,000. The sale was completed on June 2, 2021, and the asset consists of 96 units. With a price per unit (PPU) of $111,979, this transaction indicates a significant investment in the Tampa multifamily market.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $10,750,000
• Units: 96
• Price Per Unit: $111,979

The buyer of the property was Regent, while Tropical Property Management acted as the seller. The deal was facilitated by Matthew Valeri of CBRE. As the broker representing Regent, Matthew Valeri played a crucial role in the successful completion of the transaction.