S2 acquires 770-unit Tampa Apartment Property, Amberly Place, for $97M ($126k/unit)

5/5/2025

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Connect CRE

• Subcategory: Capital Markets: Debt, MF: Market Rate

• Tag: Sale

• Additional Filters-Subcategory: Capital Markets: Agency Loan, MF: Garden

• Additional Filters-Tags: Sale: Investment, Sale: Single Property

• Company: S2 Capital, Marcus & Millichap (NYSE: MMI), Freddie Mac

S2 Capital paid $97 million for Amberly Place, a 1989-vintage, 770-unit, garden-style multifamily apartment community in Tampa. The seller, Providence Real Estate, last paid $63.4 million for the property in 2013.

S2 Capital

Michael Bippus | Vice President, Acquisitions-Southeast

[email protected]

214-646-9901

Florida

Multifamily

S2 acquires 770-unit Tampa Apartment Property, Amberly Place, for $97M ($126k/unit)

S2 Capital