Thank you for sharing!

Your article was successfully shared with the contacts you provided.

TAMPA, FL—It was the first sale of a pre-2000 construction property in the University of South Florida submarket to trade for more than $30,000 per unit in more than five years. The Camelot Apartments shows a future trend in the Tampa class C multifamily market, according to Franklin Street‘s Kevin Kelleher.

Franklin Street brokered the sale of the multifamily community for $732,000. The sales price represents $34,857 per unit and $46.62 per square foot. It is 95% occupied. Kelleher, along wit his Franklin Street associates Darron Kattan, Robert Goldfinger, and Zach Ames, represented the seller in the transaction. Both parties are out-of-state investors.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. APARTMENTS Fall 2021Event

Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.