Blue Peak Realty Arranges Sale of 5-Unit Multifamily Complex
By Post
Tampa Bay Newswire
Published: Jul 13, 2023

TAMPA, FL | July 12th, 2023 – Blue Peak Realty facilitates another successful multifamily closing in the Tampa Bay, FL market; buyer was represented by Andrew Cutrona of Blue Peak Realty.

“This was an excellent opportunity for a private investor to purchase a 5-Unit multifamily property in a demographically sound community of Clearwater, FL, located in the middle of Pinellas county, walking distance to Countryside Mall, close to grocery stores, restaurants, and beaches. The value-add component allows for the buyer to integrate additional upgrades and rent-roll increases and the sale allows for the seller to participate in additional investments”, notes Kurt Westfield, Director.

Andrew Cutrona handled the underwriting and worked with the buyer to facilitate a quick closing.

Cutrona, of Blue Peak Realty, will handle the property management and aims to successfully integrate improvements and rent rate increases thru the ownership period.