Radco Cos Acquires The Newport Villas Apartments in Tampa

2016-07-06T22:50:17-04:00

The Radco Cos. completed its sixth acquisition of 2016 with the closing of The Newport Villas Apartments in Tampa, Florida. The property, renamed Mabry Manor, adds 372 B minus Class units to its portfolio and will be managed by Radco Residential, the company's proprietary management platform. The purchase price for Mabry Manor was $20.1 million, and the company plans to spend upwards of $5.2 million on capital improvements to modernize and...

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