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Robert Ellis
Agent
  • Developer
  • Columbus, OH
1,556
Votes |
3,138
Posts

Ground Up Build to Rent Multifamily Infill in Prime Florida - Stacked Triplex

Robert Ellis
Agent
  • Developer
  • Columbus, OH
Posted Feb 20 2024, 10:22

Pink Development and Construction is at the forefront of innovative opportunities. As we expand our footprint into the vibrant Tampa, Florida market, we recognize the national interest from both smaller investors and institutional investors.

Why Florida?

Florida's multifamily sector remains resilient, with over 38,337 units delivered year-to-date through November 2022 and more than 110,609 units currently underway, representing 11 percent of the national stock under construction. The top markets for construction activity in Florida, according to Yardi Matrix data, include:

  1. Miami Metro: 39,889 units under construction, 12,434 delivered in 2022.
  2. Orlando: 25,330 units under construction, showcasing significant demographic expansion.
  3. Tampa-St Petersburg-Clearwater: 17,522 units under construction, a hotbed for strategic investments.
  4. Jacksonville: 10,291 units under construction, a burgeoning market with ample opportunities.

Pink Development and Construction's Unique Offering

Recognizing the evolving market dynamics, we are proud to introduce our focus on infill multifamily developments, specifically three-story walk-up apartments. Our proven success in this space, coupled with our commitment to maximizing income for investors, positions us as your ideal partner for multifamily ventures.

Key Features of Our Offering:

  1. Optimal Unit Design: Our emphasis on 2-bedroom apartments with 700-800 sq ft, upgraded features, and amenities ensures high-income potential and the highest lease price per square foot floorplan.
  2. Strategic Locations: While we offer our services in any submarket in Florida, we typically recommend prime locations within major population and employment centers in Orlando, Jacksonville, Miami, and Tampa.
  3. Market-Driven Rates: Our pricing strategy aligns with market rates, ensuring competitive returns for our investors.
  4. Proven Track Record: Learn from our success in Columbus, Ohio, where we have thrived in a similar market, delivering substantial equity to our investors.

Investment Opportunities in Florida's Key Submarkets:

Explore multifamily investment opportunities tailored to your preferences. Whether it's the vibrant culture of Miami, the booming tech scene in Orlando, the strategic growth in Jacksonville, or the diverse opportunities in Tampa, we have the expertise to guide you.

Call to Action:

  1. Join Our Zoom Call: We invite you to connect with Rob Ellis, our Builder, Developer, Realtor, Fund Manager, and GP Syndicator. Discuss your questions, gain additional insights, and explore the vast potential of partnering with Pink Development and Construction.
  2. Explore Our Underwriting: Enclosed with this message is our comprehensive underwriting for our three-story walk-up apartments in Florida, providing detailed financial projections and market analysis.
  3. Browse Our Curated Lot List: Access our carefully selected list of handpicked lots in key Florida submarkets, updated monthly to ensure you have the latest opportunities at your fingertips.

Contact Information:

Thank you for considering Pink Development and Construction as your trusted partner in unlocking the full potential of Florida's multifamily market. We look forward to collaborating with you for mutual success. Our triplex is offered in all white or all black options as can be pictured above. 

Warm regards,

Rob Ellis

Builder, Developer, Realtor, Fund Manager, and GP Syndicator

Pink Development and Construction

[email protected]

614-400-8762

Offering
Tampa, Florida