Colliers Arranges $24 Million Sale of 401-Bed Community Near the University of South Florida

Tampa, Fla. — Colliers International has arranged the $24 million sale of University Lake Apartments, a 401-bed community located near the University of South Florida campus in Tampa.

The property offers one- and two-bedroom units with bed-to-bath parity, granite countertops and washers and dryers. Community amenities include a 24-hour fitness center, three saltwater pools, a five-acre lake, a sundeck with lounge chairs and a technology center. Travis Prince of Colliers represented the seller, CREI-Tampa LLC, in the disposition of the property to FPA Multifamily LLC.