October 3, 2019 Comments Off on PAC Snags 218-Unit MF Community in Tampa Views: 513 Central Florida, Florida News

PAC Snags 218-Unit MF Community in Tampa

Order Reprints...

Preferred Apartment Communities (PAC) has acquired 5 Oaks at Westchase, a newly-constructed 218-unit multifamily community in Tampa. The sales price was not disclosed.

Built in 2019, the community is located in the Westchase submarket, a 2,000-acre master-planned community in the northwest region of Tampa. The community features screened-in porches, quartz counters, stainless appliances and resort style amenities. PAC purchased the property in all cash from multifamily developer Flournoy Development.

“5 Oaks is a best-in-class investment opportunity,” said Jeff Sherman, executive vice president at PAC. “The property is surrounded by affluent demographics, zoned for top-rated schools, and is walkable to retail and restaurants including Costco and Starbucks.”

Connect With PAC’s Sherman

Connect With Flournoy Development


Subscribe to Connect Daily Florida

For comments, questions or concerns, please contact David Cohen

Tags: ,

Comments are closed.