Raven at VillaDova
About the Property
VillaDova
Units: 88 Location: St. Petersburg, FL
VillaDova was identified based on the recent record-setting multifamily sale prices, and subsequent rent growth in the surrounding neighborhood. The previous long-term owner was failing to take advantage of 50%+ rental upside per unit, which is primarily achievable through managerial strategy, alone. Physical value-add strategy includes exterior paint, interior renovations, pool and other amenity upgrades & additions, and more.