May

12
2021
Tampa

Michaelson Real Estate Group, LLC chosen to manage Del Rio Apartments

Tampa, FL – May 10th, 2021

Michaelson Real Estate Group, LLC has been selected by a private equity fund to
provide property management services to Del Rio Apartments, a 160-unit multi-housing community in Tampa, Florida. This property enjoyed a 90% occupancy at the time.

“This is a new relationship with this particular equity partner. We are very excited to
work with this group on this property,” said Michael Moses, CEO of Michaelson. “We see
a lot of potential in Del Rio and are flattered to be asked to manage and partner in it.”

Built in 1983, Del Rio features a mix of two and three bedroom apartments at an average
size of 1,012 square feet. All apartments feature private patios/balconies, full appliance
packages with washer/dryer hook up connections, and large walk-in closets. On-site
amenities include a beautiful picnic/BBQ area, storage units, and a sparkling pool.

Del Rio is conveniently located just minutes away from Downtown Tampa. It benefits
from its prime location near Interstates 275, 92, 4, and 75. As a result, it has superb
accessibility to Tampa’s major employment and entertainment opportunities. Del Rio is
minutes away from the University of South Florida and Hillsborough Community College as well.

Michaelson specializes in enhancing multifamily values through marketing,
management, and repositioning. Michaelson has managed more than 30,000
apartment and condominium units throughout the Southeast.

For further information please contact:
Michaelson Real Estate Group
Michael Moses, CEO

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