
Odyssey Properties Completes $53M Quest for Multifams in Atlantic Beach, Brandon
Odyssey Properties Group has acquired Tidewater at Atlantic Beach (formerly Park at Rossini) in the Jacksonville submarket of Atlantic Beach and The Easton (formerly Park at Vincenzo) in the Tampa submarket of Brandon.
“We’ve been bullish on supply-constrained FL markets like Tampa and Jacksonville, which have demonstrated impressive resilience and emerged out of the pandemic with strong occupancy rates and attractive rental upside,” said Derek Graham, president and principal of Odyssey.
“These communities present an opportunity to update interiors to a luxury renovation scope, enhance the properties existing amenities, cure deferred maintenance and improve the properties curb appeal through modern rebranding,” adds Brian Dempsey, director of acquisitions for the Southeast US at Odyssey.
The 1986-constructed Tidewater at Atlantic Beach is two miles from the Atlantic Ocean and the Mayport Naval Base. The 1974-constructed Easton is positioned within a few blocks from major employers and direct access to Downtown Tampa and Tampa Riverwalk.
- ◦Sale/Acquisition