tampa bay
ATLAS AT BAY POINT
Overview
Atlas at Bay Point is a 136-unit concrete block property in South St. Petersburg, just 12 minutes from Downtown and close to the Skyway Marina District.
The property offers diverse unit layouts, including 1BD/1BA, 2BD/1BA, and 2BD/2BA units, averaging 787 sq. ft. Recently renovated, units feature new flooring, stainless steel appliances, upgraded fixtures, and private patios or balconies.
Our strategic plan includes further interior and exterior enhancements, modern amenities, and new branding to boost tenant satisfaction and rental income. Optimized financing with fixed-rate agency debt supports long-term value appreciation for investors.
KEY METRICS
ANNUALIZED RETURNS
21.04%
DISTRIBUTIONS
QUARTERLY
TARGET HOLD
5 YEARS
ASSET CLASS
CLASS C+
We Are A Commercial Real Estate Investment Firm
GMA Capital Group is a highly respected private investment firm. We are dedicated to helping investors diversify their portfolios with middle-market commercial real estate investments. This includes multifamily properties.
Our thorough and rigorous vetting process enables us to uncover unique opportunities that may not be readily available elsewhere. From novice investors just beginning the exploration process to established professionals looking for new investments, there is no wrong time to connect with GMA Capital Group
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