Kay Properties and Investments, in collaboration with Real Estate Value Advisors (REVA), is proud to present the Reva Kay Tampa UBC DST – a one-of-a-kind, highly lucrative DST investment in Florida, a state free from state-level income tax. It’s open to investments either in the form of a 1031 exchange or direct cash investments.
The University Business Center (UBC) is a fully modern, three building office portfolio in Tampa, FL. All three buildings are 100% leased, promising a steady DST income.
The property is a high-end Class-A master-planned business park and enjoys a strategic location as it lies in the I-75 corridor submarket beside the University of South Florida campus. It’s also in proximity to the Tampa International Airport (10 min. drive).
Highlights
146,316 sq. footage
Loan-to-value of 58.47%
2.62% scheduled annual rental increases
Minimum investment of $122,500.
One of the buildings is leased to Optum 360 LLC – a joint venture of Quest Diagnostics and United Healthcare – and the Hillsborough County Tax Collector. The second and third buildings are leased to Quest Diagnostics and Sypris Electronics LLC respectively.
More importantly, the unique advantage presented by this opportunity is that it allows investors to benefit from the off-market acquisition as the assets were acquired below appraised value and below replacement costs. This feat was made possible by the sponsors’ strong relationships in the Tampa market.
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Kay Properties and Investments has extensive experience spanning several years in DST investments and 1031 exchanges. With a participation in over $30 billion of DST investments so far, it has rightfully earned its place as the top ranking DST investment firm.
Whether you’re looking to invest in the abovementioned Kay Reva UBC DST or looking for answers on how to form a DST investment, which investment is tax free, or other questions, contact our office at 1-(855) 899-4597 or info@kpi1031.com.
