Grand Reserve Condos

48 out of 384 Units | Tampa, FL

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8601 Mallard Reserve Drive

Tampa, FL 33614

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SALE PRICE

$8,160,000

PRICE PER UNIT

$170,000

PRICE PER SF

$173.88

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INVESTMENT HIGHLIGHTS

• 48-Unit Condo Portfolio out of 384-Unit Condo Community in Tampa, FL

• Significant Upside with $41,000+ in Proven Loss-to-Lease, and $205+ Per Month in Average Rental Upside through Pro Forma Mark-to-Market Opportunity

• Located in the Highly Desirable Carrollwood Suburb, Just 10-20 Minutes North of the Westshore Business District and Downtown Tampa

• 1988-Vintage Garden Style Gated Community with Modern Amenities

• 87.5% Two-Bedroom Two-Bathroom Floor Plans with In-Unit Washer/Dryer Connections

• Excellent Opportunity to Implement Programmatic Light Value-Add as Majority of Interiors Feature a Mix of Upgrades to Cabinets, Flooring, Countertops, and Appliances



• Amenities Include Clubhouse, Swimming Pool, Fitness Center, Tennis Courts, Laundry Facilities (W/D Connections in 2BR Units), Walking Trails, Gated Access & Assigned Parking

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