Ault Inc. plans to sell St. Petersburg, FL, multifamily property

Ault Alliance intends to take advantage of the growing demand and market interest by selling its centrally located, multifamily property in St. Petersburg, Florida, previously acquired through its subsidiary, Ault Global Real Estate Equities, in 2021 for $15.5M. The company believes that the location of the property, between Mirror Lake and Tampa Bay, with pedestrian access to Tampa Bay, along with its proximity to retail, hospitality, and office experiences makes it an attractive prospect for investors.