MIAMI, FL - JLL Capital Markets announced today that it closed on the sale of GroveParc Townhomes, a 48.08-acre, build-to-rent development site located in Wesley Chapel, Florida (Tampa MSA). With site work complete, the development is approved for a 190-unit townhome community.
JLL worked on behalf of the seller, Blue Pointe Builders, an investment group from South Florida. Resibuilt acquired the asset.
GroveParc Townhomes is located proximate to I-75 allowing for quick access to Downtown.
Miami-Based JV Sells 190-Unit Build-To Rent Townhome Development Site in Tampa MSA for $18 Million rew-online.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rew-online.com Daily Mail and Mail on Sunday newspapers.
MIAMI, April 6, 2023 - JLL Capital Markets announced today that it closed on the sale of GroveParc Townhomes, a 48.08-acre, build-to-rent development site located in Wesley Chapel,. | April 7, 2023
The property, GroveParc Townhomes, is expected online in January 2025. ResiBuilt is expanding its Florida presence with the acquisition of an under-construction build-to-rent community, GroveParc Townhomes, from Blue Pointe Builders.