U.S. real estate investment holding firm Westside Capital Group has bought Watermans Crossing Apartments in Tampa for $29.5 million.
Situated on the Hillsborough River, Watermans Crossing is near Al Lopez Park, St. Joseph’s Children’s Hospital and Raymond James Stadium.
Additionally, the 13.4-acre, 337-unit garden-style community has 20 buildings featuring a mix of studios, one-, two- and three-bedroom units, with an average size of 895 square feet.
Westside Capital is planning to invest a further $5 million in capital improvements at the property, which will be rebranded as Westshore Crossing.