Jade at North Hyde Park - Tampa, Florida - 192 Apartment Units - Developed by WRP IV

Opportunity

Class A, infill 192 Unit apartment development, located in North Hyde Park neighborhood of Tampa, FL. The project is a joint-venture located just minutes from downtown Tampa, the University of Tampa, and Interstate 275, the site provides strong accessibility to downtown, as well as the Tampa International Airport. The North Hyde Park neighborhood benefits from the city’s planned Green Spine bike path connecting downtown, Channelside, and the University of Tampa. In June 2024, Jade at North Hyde Park was sold generating a 17.2% IRR and an Equity Multiple of 1.9 to 1.

Property

Four-Story Apartment

Building

Size

192 Units

Built

2020

Ownership

WRP IV

Sold

June 2024

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