The Palm Harbor apartment complex Cypress Falls is on the market.
It was originally completed as a 432-unit apartment community and converted into condominiums in 2005.
Following a national trend, Tampa Bay apartment communities are in high investor demand, driven by high occupancies and demand from renters that continues to push up rental rates. Investors are chasing all levels of the properties — from brand-new, top-tier communities to older ones that need some work.
Current ownership of Cypress…
Source:: BizJournal Real Estate