Lead by Kurt Westfield, the project consists of (8) residential units, ranging from one to three bedrooms, and features a two-story construction, a laundry facility, on a visible corner lot. The property quickly realized 100% occupancy and is also managed by WC Assets. Marcus & Millichap represents exclusive listing and marketing role for the firm.
NOHO Gardens is a newly repositioned, 8-unit, 1920’s vintage, Class B, garden apartment community located in Tampa, Florida within the Westshore submarket; one of the most densely populated employment centers in the region. This turn-key asset has seen 20% of the units completely rehabbed, multiple units with partial rehabs as well as numerous other upgrades and currently commands effective average rents of $365 per month below the averages of comparable properties in the submarket, respectively, signaling immediate upside potential as units turn.
# # #
Since founding the organization, Kurt has played an integral role in the development and success, along with the integration of international clientele and introduction to state-wide management. His approach and leadership abilities have led the company to achieve unrivaled gratification from clients and increased profitability. Westfield has consulted with various press outlets for market discussions and real estate analysis and is considered a preeminent knowledge on multifamily investment solutions and investment protocol.