Continental Realty Corporation has acquired an apartment community for $82 million — a move that expands its recent acquisition activity and grows its Tampa portfolio.

First delivered in 1997, Henley Tampa Palms features 315 units. The property consists of a garden-style community with 53 two-story buildings. The options feature a mix of one, two, and three bedrooms, ranging from 941 and 1,671 square feet in size. The average of 1,375 square feet is the largest available floorplan in Tampa Palms, according to Continental. As of the time of the deal, Henley Tampa was 94 percent leased.

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