April 2, 2019
BlueGate Arranges the Sale of Bloomingdale Woods
BlueGate Partners and JBM® Institutional Multifamily Advisors as exclusive advisors and brokers, are pleased to announce the sale of Bloomingdale Woods totaling 224 units located in (Tampa Bay MSA) Valrico, Florida.
-Tremendous opportunity to continue a proven successful unit interior upgrade program to extend the economic life of the Property and capitalize on unit premium
-Stabilized asset with a consistent and strong operating history and high occupancy in a healthy rental submarket
-Well-maintained high-quality construction with attractive mature landscaping
-Diverse unit mix of one and two-bedroom units ranging in size from 760 to 1,055 square feet
-Impressive average household income of $102,414 within a three-mile radius of the Property, double the Tampa MSA and state average (based on SnapSite Demographic Data)