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Sold: 182 units — Tampa Metro
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Year built: 1970
Location: Clearwater, FL
Purchase price (2015): $11.3 million
Equity invested: $5.6 million
CapEx budget: $1.6 million
Sale price (2017): $17.8 million
- Investor IRR: 21.2%
- Equity multiple: 1.67x
Rapid Job Gains Reshape Tampa - Multi-Housing News
