TAMPA, Fla. — March 4, 2022 — Berkadia announced today the sale of Beach Club Apartments, a 200-unit garden-style multifamily property in Tampa, Florida. Senior Managing Director Jason Stanton of Berkadia Tampa, Senior Managing Director Cole Whitaker, Senior Director David Etchison, Director Mary Beale and Associate Director Lauren Gassie of Berkadia Orlando, and Director Greg Rainey of Berkadia Jacksonville, completed the sale on behalf of the seller, Miami-based Beacon Real Estate Group. The buyer was a private Canadian family office, and the deal closed on February 8.
“Beach Club represented an excellent opportunity to acquire a well-positioned community in the Hillsborough County submarket with tremendous potential to build upon the capital improvements that the seller has recently completed,” said Stanton.
Located at 6904 Ralston Place, Beach Club Apartments features studio, one- and two-bedroom floor plans with air conditioning and walk-in closets. Community amenities include a swimming pool, a fitness center, a club house, a business center, laundry facilities and a sundeck. The property affords residents convenient access to Raymond James Stadium, Tampa International Airport and the shops and restaurants near North Armenia Avenue.