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Stabilized Multifamily Apartment Portfolio
For Sale
Contact for pricing
Pending

6237 S Manhattan Ave, Tampa, FL 33616

Six South Tampa apartment communities total 334 units and are 100% occupied, with recent interior and common-area revitalization.

Property SizeContact for details
Days on Market141

Property Features for 6237 S Manhattan Ave

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 334
Listing Agency: Collison Capital
Listed By: Carter Collison · License #BK3199690
Source: Crexi
Added: Apr 11 Changed: Aug 21 Last Checked: Aug 29 at 10:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Collison Capital

Investment Insights

Based on property information with market context.

The Flats Portfolio includes six stabilized multifamily communities comprising 334 apartment units: Arbor Flats (80 units), Harper Flats (28 units), Manhattan Flats (78 units), SoHo Flats (40 units), Westshore Flats I (40 units), and Westshore Flats II (68 units). The portfolio is 100% occupied and completed significant capital improvements five years ago, including full revitalization of unit interiors and common areas. The ownership narrative also notes plans for additional targeted capex to further align performance with market rents.

The communities are located in South Tampa’s submarkets as described in the offering materials, with addresses provided across Tampa, Florida. The remarks further indicate strong annual rent growth in the South Tampa market, citing 9.6% annualized average rent growth over the last three years. The portfolio’s current ownership has increased lease rates, while some renewed or early-year signed units are described as being below in-place market rates.

Key Highlights

  • Six stabilized South Tampa multifamily communities totaling 334 units, currently 100% occupied
  • Portfolio addresses include Arbor Flats (6237 S Manhattan Ave), Harper Flats (6822 S Shamrock Rd), Manhattan Flats (4350 W Kennedy Blvd)
  • Additional communities: SoHo Flats (1405 S Lorenzo Ave), Westshore Flats I (5009 S West Shore Blvd), Westshore Flats II (5215 S West Shore Blvd)

Property Analytics

Current Use

Arbor Flats at South ... Apartment Complex Sun Bay Palms ... Apartment Complex SenMoriYoga Gym & Fitness Center

Suggested Use

Top Pick Law Firm Hair Salon Restaurant Spa & Massage Center Parking Lot & Garage Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

334
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

247
Businesses Nearby

Demographics for 33616, FL

14,802
Population
7,068
Households
2.1
Avg Household Size
36
Median Age
47%
College-Educated
96%
High-School Grad
3.9 sq mi
ZIP Area
3,795
Density / Sq Mi
$88,971
Median Household Income
$54,946
Median Earnings
$1,794
Median Rent
$369,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six South Tampa apartment communities total 334 units and are 100% occupied, with recent interior and common-area revitalization.
Where is this apartment building located?
The property is located at 6237 S Manhattan Ave Tampa, FL.
What are key features of this property?
This property features: Six stabilized South Tampa multifamily communities totaling 334 units, currently 100% occupied; Portfolio addresses include Arbor Flats (6237 S Manhattan Ave), Harper Flats (6822 S Shamrock Rd), Manhattan Flats (4350 W Kennedy Blvd); Additional communities: SoHo Flats (1405 S Lorenzo Ave), Westshore Flats I (5009 S West Shore Blvd), Westshore Flats II (5215 S West Shore Blvd)
More about this property
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