Sweetwater Cove in Tampa sells for $35.5m
by CIJ USA
2018-10-18 14:52
Frankforter Group bought Sweetwater Cove, a 288-unit community in Tampa, Florida, for $35.5m. Trading for just over $123,265 per unit, the property sits on 18 acres. Built in 1978, the 18-building scheme features common amenities including a fitness and business center, two swimming pools, a spa and parking for 850 vehicles. The sale was completed with a $29m loan from Fannie Mae.
