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  • RPH Multifamily Group


TAMPA, Fla. June 4, 2021 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Adagio at Westshore Palms, a 47-unit apartment property located in Tampa, Florida, according to David G. Bradley, Regional Manager of the firm’s Tampa office. The asset sold for $11,100,000.

Ned Roberts, CCIM, Adam Podbelski, and Jason Hague, investment specialists in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a limited liability company, was also secured and represented by the RPH Multifamily Group.

“This sale represents the highest price per unit paid a for a multifamily community under 100 units in Hillsborough County since the on-set of COVID-19, which equates to more than $236,000 per unit,” said Ned Roberts, CCIM. “Greater Tampa Bay is one of the most sought-after markets in America, and this acquisition by a new-to-market California buyer is further proof of that,” Roberts added.

​Adagio at Westshore Palms is located at 406 N Hubert Ave in Tampa, Florida seconds from Interstate 275 Entrance & Exit Ramps and Primary Artery, Kennedy Boulevard. The Class-A apartment community features: luxury interior finishes including granite countertops, under-mount sinks, stainless steel appliances, front-loading washers/dryers and hardwood floors, as well as a competitive amenity package that includes a fitness center, business center, pet park and covered parking.

Are you interested in selling or buying Florida multifamily housing?

At RPH Multifamily Group we strictly specialize in Florida multifamily sales, so that you can make the most successful, informed, and stress-free multifamily investment decisions. Learn more about the RPH Multifamily Group’s Florida Multifamily Sales Advisory And Brokerage Services.

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