Arbors at Carrollwood

On Market

Ehrlich Road

Tampa, Florida 33624

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Building Details

Property Type Multifamily - Conventional
TenancyMulti
Investment Highlights:
NEWLY RENOVATED ASSET IN CENTRAL INFILL LOCATION
2001 condo quality construction built by ZOM with best in class amenities, renovated open floorplans, and 9’ or vaulted ceilings.
Exceptionally well maintained, current ownership has spent $6M since 2019 on extensive capital improvements.
Prime infill location with limited new supply, Arbors at Carrollwood was the last product to deliver within a 3-mile radius. ​​​​​​​
ATTRACTIVE CORE-PLUS FRACTURED CONDOMINIUM OPPORTUNITY
Tremendous recent leasing trends with 41% increases on new leases and 25% increases on renewals.
323 out of 390-unit bulk condominium investment (83% ownership) includes control of the COA.
Opportunity to purchase additional condo units at extremely accretive pricing.
Additional development opportunity on the adjacent parcel – the current PD allows for 47 additional units to be built by right, with the potential for rezoning to 155 units.
AFFLUENT DEMOGRAPHICS & TOP-RATED SCHOOLS
Prestigious A-rated Carrollwood schools. $102K avg. household income, $351K avg. home value, and 74% white collar jobs within a 3-mile radius.
CENTRAL LOCATION WITH EXCEPTIONAL ACCESS TO EMPLOYMENT
50M SF office & 1,399 medical beds within 15 minutes. Westshore Business District, Downtown Tampa, St. Joseph’s Hospital North (216 beds), AdventHealth Carrollwood (120 beds), AdventHealth Tampa (536 beds), and St. Joseph's Hospital Tampa (527 beds) all within 15 minutes.
SURROUNDED BY PREMIER SHOPPING DESTINATIONS
Walkable to over 2.6M SF of retail including Whole Foods, Publix, Sprouts, Target, Starbuck’s etc. and within 15 minutes to 9.5M SF of retail including Citrus Park Town Center, Plaza at Citrus Park, and International Plaza.
TOP RANKED MULTIFAMILY MARKET
Tampa MSA is the no. 1 market in the US for YOY rent growth, no. 4 job growth market nationally, and the no. 3 city in America where people are looking to move to in 2022. Axiometrics forecasts 21% rent growth and 98% occupancy for 2022.

Arbors at Carrollwood Apartments in Tampa Florida is made up of 223 units.

  • COMMUNITY AMENITIES
  • Stunning Resort-Style Pool with Screened Lanai and Open-Air Patio
  • 24-Hour State-of-the-Art Fitness Center Featuring Updated Modern Equipment
  • Fenced Bark Park with Agility Equipment and Pet Spa
  • New Luxurious Pool Furniture
  • Beautiful Gated Community with Newly Renovated Clubhouse and Wi-Fi Cafe with Premium Coffee Bar
  • Relaxing Cabanas and Dine-In
  • Grilling Stations
  • Gathering Areas with Fire Pits
  • Package Center with 24-Hour Access
  • Summer Kitchen and Picnic Areas
  • Attached and Detached Garages*
  • Wi-Fi Hot Spots in Amenity Areas throughout the Property
  • Car Care Center
  • Walkable to Over 2.6M SF of Retail
  • APARTMENT AMENITIES
  • Gourmet Kitchens with Designer Cabinets and Modern Tile Backsplash
  • Open Floor Plans Boasting 9 Ft Ceilings
  • Spacious 1, 2, and 3 Bedroom
  • Apartment Homes
  • Sleek Granite Countertops with Undermount Sinks in Kitchen and Baths
  • New Stainless-Steel Appliance Package with Built-in Microwave
  • Wood Plank Flooring in Living and Dining Area, Bedrooms, and Baths*
  • Upgraded Lighting and Plumbing Fixtures
  • Ceiling Fans in Living Room and Bedrooms
  • Custom 2 Inch Faux Wood Blinds
  • Spacious Screened Lanai with Storage
  • Oversized Garden Style Tubs*
  • USB Charging Stations in Every Home
  • Full-Size Washer and Dryer
  • *In Select Units

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