Otto said the firm is interested in properties that have the potential to be upgraded and improved.īelleair estate with tennis court sells for over $7 millionĪ nearly 12,000-square-foot estate in the prestigious Belleair neighborhood has sold in a $7.1 million deal. Autumn Chase apartments in Largo, FL offers 1- and 2-bedroom apartments for rent with air conditioning, carpet, window coverings, and a patio or balcony. In 2020, it closed on the 126-unit Old Southeast Apartments. The group plans to remodel the entire facade, including replacing the deteriorating wooden staircases with metal, changing the windows, adding laundry-ready connections in units, and remodeling the pool to become a resort-style pool. The firm also plans to build a new fitness center from the ground up.Įarlier this year, Otto Investment Group acquired the 140-unit West River Flats in Tampa from a private investor for $22.2 million. Autumn Chase Condominiums Houses & Apartments for Rent - Largo, FL Autumn Chase Condominiums, Largo Rentals - Houses & Apartments for Rent 102 Rentals Sort by. We are even looking at constructing new units because there’s a massive shortage of supply, and single-family homes are not necessarily affordable for everyone,” he said. Otto said the 12 acres of land and greenery around the apartments grabbed his attention. “The market is very competitive. Otto Investment Group President Adrian Otto said the purchase was to expand the firm’s portfolio. The amenities include a lakeside pool, laundry facilities and a fitness center. Discover houses and apartments for rent in Autumn Chase Condominiums, Largo, FL by location, price, and more search filters when you visit for your apartment search. The property was built in 1975 and has a total of 128 units. The average one-bedroom apartment in Largo, FL is 703 square feet. Otto Investment Group took out a $32.2 million mortgage loan from BDS IV Mortgage Capital J LLC for the purchase.Įverest Autumn Chase Apartments, now renamed Altura Largo, was recently renovated and has one- and two-bedroom units.
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