Non-Profit Acquires Tampa Student Housing for $128M

Strategic Facility Partners has acquired The Henry, a 23-story student housing apartment building at 100 E. Tyler Street in downtown Tampa, for $128.1 million. The seller was Development Ventures Group.

Completed in 2021, The Henry offers 181 residences (537 beds) within walking of the University of Tampa.  The fully furnished one-, two- and four-bedroom apartments range in size from 499 to 1,350 square feet. Community amenities include a rooftop pool with TVs, a rooftop deck with grills and an outdoor game area, a fitness center, a 24/7 grab-and-go market, a clubroom with gaming stations and billiards, private and group study rooms on each floor, garage parking and bicycle storage, free shuttle to and from campus.

Strategic Facility Partners (“SFP”) is a 501(c)(3) organization. Projects are typically funded through tax-exempt bonds, and all excess cash flow is returned to the institutions on an annual basis through scholarships, contributions to the general fund, or investments in residential facilities.