The Park at Coventry Sells for $167M
The Praedium Group LLC sold the 320-unit The Park at Coventry located at 2902 Sycamore Ct. in Tampa, FL to the Blueros Group LLC for $16.7 million, or about $52,000 per unit. This single-story, 289,100-square-foot multifamily community was constructed in 1972 and has over 478 parking spaces. It is comprised of 16 studios, 80 one-bedroom, 192 two-bedroom, and 32 three-bedroom models with asking rents between $612 and $1,042 per month. Blue Rock...
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