rcp properties

The University of South Florida

SOLD

Approved off-campus housing for the University of South Florida.

University of South Florida
Location:
Tampa, FL
Acquired:
2014
# of units:
64
# of beds:
256
Square footage:
101,824

SOLD - Acquired in 2014 by RCP along with a neighboring property. RCP reduced contracted utility costs by nearly 30% and stabilized 95%+ occupancy during the hold period. Through the merger of operations, the two properties achieved efficiencies by sharing marketing, payroll and operating costs.

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