Shawn Rupp

Senior Associate

Email: Shawn.Rupp@MarcusMillichap.com
Phone:
(813) 387-4766 – Direct
(813) 966-7924 – Mobile

 

Casey Babb, CCIM

First Vice President Investments

Email: Casey.Babb@MarcusMillichap.com
Phone:
(813) 387-4723 – Direct
(813) 368-0835 – Mobile

 

Luis Baez, CCIM

First Vice President Investments

Email: Luis.Baez@MarcusMillichap.com
Phone:
(813) 387-4849 – Direct
(813) 767-6275 – Mobile

Montclair Townhomes is a conventional 26-unit apartment community located in the Brandon Submarket, Tampa’s favorite suburb just 3 miles East of I-75 and 10 miles East of Downtown Tampa. The property consists of three, two-story townhome style buildings made of concrete-block construction consisting of twenty three-bedroom/two-and-one-half-bathroom units and six two-bedroom/two-and-one-half-bathroom units averaging 1,572 square feet. All units are new construction with high end finishes, fully appointed kitchens, hard surface flooring, washer and dryer in-unit, and new appliances. Average rents of $1,387 per month or $0.88 per square foot allow an incoming owner to further maximize rents by drafting behind the newly constructed communities nearby that are averaging $1.32 per square foot. This is one of the rare opportunities to own one of the few concrete block, turn-key apartment communities in Brandon, a highly desirable rental market with very little apartment product under 100 units and that has historically achieved high occupancy levels and very little resident turnover in comparison to some of the more urban rental markets.

Montclair Townhomes lies near the intersection of Brandon Boulevard (Highway 60) and Lithia Pinecrest Road in the core of the Brandon neighborhood. Residents enjoy living in direct proximity to a large selection of popular restaurants and shopping destinations including the Brandon Towncenter as well as a short commute to Tampa’s largest employment centers, military base, universities, hospitals, concert and sporting venues, shopping, nightlife, and entertainment.  Montclair Townhomes is conveniently located near major highways and the Lee Roy Selmon Crosstown toll road, allowing tenants a short and easy commute to and from the office.

  • Turn-Key Asset
  • Highly Desirable Unit Mix with Low Turnover
  • New Concrete Block Construction with Warrantied Items
  • Washer and Dryer in Unit
  • Separately Metered for Electric and Water
  • Close Proximity to Major Employers, Demand Drivers and Highways
  • Highly Desirable and Rare B+ Market
  • Walkable to Restaurants, Grocers, Superstores and Bus Routes
  • Excellent Market for Families

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