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Available to Registered Users
Tidegate Capital is pleased to offer Vinoy Park Apartments at Beach Drive located in one of the premiere locations in St. Petersburg. The Tampa/St. Petersburg MSA is experiencing significant revitalization and growth due to its strong economic and demographic drivers.
In the first 12 months, Tidegate will oversee moderate interior and exterior upgrades, and address deferred maintenance items. Rents will be brought up to market levels, and the property will be stabilized.
Given the property’s excellent location, strong occupancy, and potential high-end uses, Tidegate will explore options for redevelopment of the site or sale to a local developer. The holding period is expected to be approximately 3-7 years, at which time redevelopment or disposition is expected to occur.
Investors, if they desire, will be given the first opportunity to participate in potential redevelopment opportunities that may arise, potentially including high-end condominiums or apartments.
This thirty‐three unit property on 0.64 acres consists of:
The units are laid out efficiently for urban lifestyles and are housed in three garden-style properties, built primarily of block. The property has tremendous upside potential through strategic renovations and upgrades with corresponding increases in rent. In addition, we believe this unbeatable location has the potential for significant redevelopment.
Available to Accredited Investors:
Located in an outstanding Class A location along Beach Drive, the Historic Old Northeast section of St. Petersburg is one of the most desirable markets in the Tampa/St. Pete MSA. Easily walkable to bars, restaurants, upscale grocery stores, parks, art galleries, museums, and many other local points of interest in downtown St. Pete. This property has always been in high demand by prospective residents.
Available to Accredited Investors:
Below are some of the most frequently asked questions about this offering.
The funding deadline for this opportunity is January 31st, 2018.
The first projected distribution is scheduled for April 2018.
Distributions are scheduled to go out on a quarterly basis.
No, this offering is only available to US residents.
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Send Tidegate Capital and/or RealCrowd a message. If you have a question about this offering ask Tidegate Capital. If you have a question about the transaction process or other general inquiry, RealCrowd will be happy to help.
In the meantime, you can create an account to view detailed information about Vinoy Park Apartments at Beach Drive.
In the meantime, please review the offering documents and financials.