Investment Highlights
WestEnd represents TruAmerica’s 10th investment in the Tampa-St. Petersburg MSA. The Property was constructed in 1985 and consists of 216 apartment homes. The asset is centrally located within the thriving Town N’ Country submarket and has direct access to FL-589, connecting the property to the broader Tampa MSA. Downtown Tampa is only 20 minutes away from the property, a short drive for residents to commute or enjoy the city’s amenities including the burgeoning Water Street neighborhood.
WestEnd is situated amongst key Tampa job centers, including the Westshore Business District (home to over 90,000 jobs), Tampa International Airport, MacDill Air Force Base, and the Gateway Office Submarket. Just one mile away is the Renaissance Center Office Park, where WellCare and CapitalOne have major offices. WestEnd is also surrounded by retail and entertainment amenities, including the Citrus Park Town Center Mall, West Park Village, and the Raymond James football stadium.
The seller completed partial upgrades to the property, including installing vinyl flooring in the ground floor apartments and stainless steel appliances in roughly half of the apartments. TruAmerica plans to continue the addition of vinyl plank flooring throughout all units and stainless steel appliances as part of the overall renovation scope. TruAmerica also plans to renovate all units with quartz countertops with undermount sink, open the kitchen via removal of excess overhead cabinetry, and upgrade lighting and plumbing fixtures. TruAmerica will also install washer and dryer connections and appliances in the studio units, as well as add private yards to select ground floor units.
TruAmerica also plans to enhance and upgrade existing amenities, including a light refresh to the clubhouse and fitness center, adding new furnishings to the pool, painting building exteriors, fully refreshing existing signage, and improving the landscaping.
Community Amenities
• Resort-Style Swimming Pool
• Resident Clubhouse
• 24-Hour Fitness Center
• Business Center
• Pet Park
• Sauna
• Picnic/Grilling Areas
• Lighted Tennis Courts
• Playground
• Sand Volleyball Court
• 24-Hour Package System
