Tidegate Capital Acquires $5M, 61-Unit Multifamily Property in St. Petersburg, FL
Boston, MA. October 9, 2017: Tidegate Capital announced that it has acquired the Class B, 61-unit Midship Apartments in St. Petersburg, Florida -- its third acquisition in the area. This exceptional property is in an area with solid demographic trends and offers its residents affordable workforce housing. “Similarly upgraded properties nearby are achieving $150-$175 rent premiums over the in-place rents at Midship Apartments, making for an ideal value-add play. As we continue
