Whispering Palms

Whispering Palms

Largo, FL
Under Contract
  • Property Type: Apartments
  • Year Built : 1985
  • Property Size: 59,648 SF / 64 Units

Overview

Capstone Apartment Partners is proud to present Whispering Palms: a 64-unit community centrally located in Largo, FL. The 1985 concrete block asset boasts spacious two-bedroom floorplans with varying levels of interior upgrades.  A new owner will have the opportunity to continue the implementation of the proven interior renovation program, achieving the $165+ rental premium. Whispering Palms has many unique value creation opportunities, making the asset appealing to investors

Investment Highlights

  • Ability to Obtain Majority Ownership with Controlling Interest in the COA
  • Centrally Located Asset Surrounded by Strong Local Demand Drivers
  • Achieve Proven Rental Premiums of $200+/- by Completing the In-Place Renovation Program
  • Strong Recessionary Resistant Asset Offering Large Two-Bedroom Floorplans
  • Opportunity to Capitalize on the Unprecedented Growth of the Tampa MSA and the Florida Gulf Coast Region as a Whole

Contact Information

Brian Hunsicker Senior Advisor P: 727.631.5870
O: 800.261.9464 ext. 700
h.brian@capstone-companies.com
Jad Richa Managing Director P: 727.282.5547
O: 800.261.9464 ext. 703
jad@capstone-companies.com
Tom Huffsmith Investment Sales Advisor P: 321.418.5224
O: 800.261.9464 ext. 706
tom@capstone-companies.com
Nasser Al-Hafi Investment Sales Advisor P: 407.284.7071
O: 800.261.9464 ext. 719
nasser@capstone-companies.com
Cameron Hooper Investment Sales Advisor P: 904.923.5878
O: 800.746.3175 ext. 781
chooper@capstone-companies.com
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