CBRE is pleased to present Uptown Townhomes, a 24-unit multifamily asset situated at 2010 E. 148th Avenue in Lutz, Florida, a high-income, supply-constrained node within
the greater North Tampa submarket. The property offers investors a rare opportunity to acquire a concrete block, townhome-style community in one of the Tampa MSA's most
demographically resilient corridors.
Uptown Townhomes features a diverse mix of one-, two-, and three-bedroom floorplans across a well-established, multi-phase community with the majority of units delivered
in the early 2000s. Solid concrete block construction throughout delivers meaningful advantages in Florida's evolving insurance landscape, including favorable underwriting
treatment and reduced long-term maintenance exposure, a significant differentiator in today's market. The townhome product type, with its multi-level design and private entry points, commands a structural premium over traditional garden-style apartments and remains a scarce offering within the immediate submarket.
Positioned within the Tampa Palms vicinity of Lutz, where estimated median household income has reached $128,547, the property benefits from proximity to approximately
30,000 healthcare and education jobs driven by the University of South Florida, Veterans' Hospital, and AdventHealth's main hospital campus. Downtown Tampa, Water
Street, and the Westshore Business District are all accessible within 20 minutes via I-275, I-75, and I-4.
With its concrete block construction, scarce townhome format, and position within one of Tampa Bay's most affluent and supply-constrained submarkets, Uptown Townhomes represents a compelling acquisition opportunity for investors seeking stable cash flow and long-term appreciation in one of Florida's most resilient rental markets.