Daily limit: 0/10
Scott Everett Of S2 Capital Acquires 770-Unit Amberly Place In Tampa For $97M From Alan Pollack
SOLD
$97,000,000
Florida
See Similar DealsMultiFamily
Sold 05/05/2025
SOLD
Scott Everett Of S2 Capital Acquires 770-Unit Amberly Place In Tampa For $97M From Alan Pollack
5100 Live Oaks Boulevard
See Similar DealsMultiFamily
Sold 05/05/2025
Summary
FLORIDA
Asset Type:MultiFamily
Transaction Type:Sale
The 770-unit Amberly Place, situated at 5100 Live Oaks Boulevard in Tampa, was sold for $97 million. This multifamily property, built in 1989, will undergo significant renovations as part of S2 Capital's value-add strategy, supported by Freddie Mac financing and participation from institutional co-investors.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $97,000,000
- Buyer: Scott Everett - S2 Capital
- Seller: Alan Pollack - Providence Real Estate
- Units: 770
- Price per Unit: $125,974
This off-market transaction was arranged by IPA, highlighting the collaboration between the buyer and seller in executing this substantial deal in the Tampa market.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$5,173,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$344,620.53
Cash-on-Cash Return-1.27%
Monthly Debt Service$459,829.49
Annual Debt Service$5,517,953.85
Is there something missing? Send suggestions