TAMPA, FL - Carter Multifamily, a division of Carter Funds focused on acquiring and managing value-add multifamily real estate, has purchased Mode at Ballast Point located at 6306 S. MacDill Avenue in Tampa, Florida for $57.5 million. Carter Multifamily plans to reposition the 276-unit garden-style property, originally built in 1988 and formerly known as Solis at Ballast Point, under the new name
The property is located near MacDill Air Force Base and downtown Tampa, Fla. Carter Multifamily has expanded its Florida value-add apartment portfolio with the purchase of Solis at Ballast Point, a 276-unit garden-style community in Tampa, Fla., for $57.5 million.