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Investcor acquired Shoreview Apartments, a 2021 built, 216 unit Class A+ multifamily property located in Bradenton, Florida. The property consists of 5 four-story Class A+ buildings spread across 13 acres with an exceptional quality tenant base and attractively located in one of the fastest growing submarkets of Florida.
The property was delivered in February 2021, and started moving in residents during March 2021. We placed the property under contract in September 2021 with 71% occupancy. The property was 100% occupied at time of closing.
This opportunity is anticipated to be a 5 year hold.
Investcor acquired Shoreview Apartments, a 2021 built, 216 unit Class A+ multifamily property located in Bradenton, Florida. The property consists of 5 four-story Class A+ buildings spread across 13 acres with an exceptional quality tenant base and attractively located in one of the fastest growing submarkets of Florida.
The property was delivered in February 2021, and started moving in residents during March 2021. We placed the property under contract in September 2021 with 71% occupancy. The property was 100% occupied at time of closing.
This opportunity is anticipated to be a 5 year hold.