Flats at Jackson Heights

Colliers, as exclusive advisor, is pleased to present Flats at Jackson Heights, a comprehensively renovated 10 unit workforce housing community positioned between 2 of Tampa’s most active growth corridors.​ More than $508,000, or $50,000 per unit, has been invested across the Property, leaving new ownership with a fully repositioned concrete-block asset, proven rents up to $1,700, and a clear path from a 6.72% takeover cap rate to a 7.39% pro forma yield through lease-up and operational execution rather than additional renovation capital.​ Less than 2.5 miles from Downtown Tampa and approximately 3 miles south of the Uptown Innovation District, the Property provides attainable housing alongside more than $6 billion of institutional investment and only 330 multifamily units currently under construction to support the expanding employment base, creating a differentiated opportunity to acquire the finished product while capturing the remaining income and market upside.​