Park7 Group Acquires Tallahassee Property

by Katie Sloan

Tallahassee, Fla. — Seminole Suites is a 925-bed garden-style community near FSU.

Tallahassee, Fla. — Park7 Group has acquired Gateway at Seminole Suites, a 924-bed student housing community located in Tallahassee, FL, near Florida State University, Florida A&M University and the Tallahassee Community College.

The property, now rebranded as “The BLVD”, is a gated community offering three and four bedroom garden style apartment layouts.

The BLVD’s amenity package offers two pools, volleyball court, basketball court, barbecue grills throughout, stand-up tanning, pool table, computer lab and large fitness center.

Park7 has already begun a property-wide unit upgrade program, including new flooring, furniture and appliances, as well as cabinet refinishing and landscape improvements. Park7 will also completely renovate the property’s amenity space and vastly improve the property’s management reputation by instituting the firm’s Class A customer service, maintenance, marketing and tenant retention programs.

Based in New York City, Park7 holds an interest in all 4,000 beds that it has under management or construction. The company also boasts a 7,000-bed development pipeline, which will be delivered over the next 2-3 years.

You may also like