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...
- Is Facebook Losing Some of Its Mojo?
- Home prices rose 113% in 2013 but flattened out late in the year
- Are Pokémons Your Listing's Selling Point?
- Vacant Rentals Are at Their Lowest Availability in 12 Years
- Bacteria in Pools Is Making People Sick
- 4 Deep Cleaning Targets to Help a Home Shine
- Agents Report Sharp Declines in Bidding Wars
- Mortgage Rates Hover Around 2015 High
- How to Stage Like a Model: Secrets Revealed
- Property Tax Revenue Reaches a Record High