Tzadik Management has expanded their Tampa area Multi-Family community with the purchase of the 453-unit community formally known as University Oakwoods, located at 1250 E. 113th Ave in Tampa, FL.
This is now the 4th property owned and operated by Tzadik in the North Tampa area. Tzadik has changed the Complex name to ‘Tzadik Oaks’ and plans to do large scale renovations to rejuvenate the property.
“We see so much potential in this property and we can’t wait to get started” said Chief Acquisitions Officer, Alex Arguelles. “I believe our past acquisitions have really prepared us to tackle such a large project in Tzadik Oaks, I can’t wait to see the finished product.”
Tzadik plans to conduct renovations to all Loft and Studio Units within the community, while also adding several upgraded amenities to the complex, such as a Pool and Spa area and brand new Fitness Center.
Tzadik has managed over $300 million in apartment complexes and luxury condo developments. As one of the most rapidly growing Multi-Family management companies in the state, continue to look for more sales and acquisitions in the future.