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| Ari Ravi |
TAMPA,FL – Marcus & Millichap (NYSE: MMI), a leading commercial real
estate investment services firm with offices throughout the United States and
Canada, announced the sale of The Beach at Bayshore, a 6-unit apartment
property located in Tampa, Fla., according to Ari Ravi, regional manager
of the firm’s Tampa office. The asset sold for $900,000.
Shawn Rupp, Casey Babb, CCIM and Luis Baez, CCIM, investment specialists
in Marcus & Millichap’s Tampa office, had the exclusive listing to market
the property on behalf of the seller, a private investor.
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| Shawn Rupp |
The buyer,
a private investor, was also secured and represented by the three
brokers.
“The Beach at
Bayshore is located on the same block as some of Tampa’s most desirable
apartments and condos. This property has recently received major
renovations to all but two units, which the buyer plans to continue renovating
during their ownership,” says Mr. Rupp.
The Beach at Bayshore is a two-story, six-unit multifamily property
located in the most prestigious rental neighborhood of Hyde Park.
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| Casey Babb |
Located just
a few minutes from Downtown Tampa, Bayshore Boulevard, Amelie Arena, University
of Tampa, Publix Supermarket, Tampa General Hospital, Davis Islands, the Tampa
Riverwalk and the Tampa Convention.
The Beach at Bayshore is unparalleled with its proximity to
the area’s most popular economic and entertainment drivers.
Originally built in 1900 and receiving major renovations
this year, The Beach at Bayshore’s tenants enjoy some of the best amenities a
short walk or bike away.
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| Luis Baez |
Less than a quarter mile from Downtown Tampa and Tampa
General Hospital, 0.4-miles from the University of Tampa and 2.58-miles from
the Westshore Business District.
The Beach at Bayshore provides a short commute to large
employment centers in the region, as well as the area’s best schools from
kindergarten to university. The Beach at Bayshore is located at 212 Beach Place
in Tampa, Fla.
CONTACT:
Ari Ravi
Regional Manager, Tampa
(813) 387-4700
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