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Oasis Village Clearwater 1101 Tuskawilla Dr 76 Unit Apartment Building $12,895,000 ($169,671/Unit) 8.14% Cap Rate Clearwater, FL 33756
Investment Highlights
- Excellent value-add opportunity in heart of Suburban Clearwater
- Full concrete block and stucco construction throughout.
- Surrounded by desirable, popular residential neighborhood
- Extensive off-street parking and currently operating amenities!
Executive Summary
Located in the heart of beautiful, coastal Clearwater, FL, The Goldstein Group is pleased to present these 76 units at Oasis Village.
Oasis is an excellent opportunity for a multifamily investor seeking a stable asset in a strong fundamental market, with excellent near
and long-term upside. A prime suburban location offers quiet residential surroundings, with easy access to shopping, recreation,
major area employment centers, and world-famous Clearwater Beaches on the Gulf Coast just minutes away.
Offering 1, 2, and 3 bedroom apartments, as well as studios with spacious floorplans, off-street parking, an on-site pool, and
attractively landscaped grounds, Oasis Village presents a compelling package to residents at affordable rents with plenty of room for
value-add projects by an incoming investor. All buildings are concrete-block and stucco construction with gabled or flat roofs (see
aerial). The units are all located on a single site.
SEE ATTACHED OFFERING MEMORANDUM FOR FULL TREATMENT!
Oasis is an excellent opportunity for a multifamily investor seeking a stable asset in a strong fundamental market, with excellent near
and long-term upside. A prime suburban location offers quiet residential surroundings, with easy access to shopping, recreation,
major area employment centers, and world-famous Clearwater Beaches on the Gulf Coast just minutes away.
Offering 1, 2, and 3 bedroom apartments, as well as studios with spacious floorplans, off-street parking, an on-site pool, and
attractively landscaped grounds, Oasis Village presents a compelling package to residents at affordable rents with plenty of room for
value-add projects by an incoming investor. All buildings are concrete-block and stucco construction with gabled or flat roofs (see
aerial). The units are all located on a single site.
SEE ATTACHED OFFERING MEMORANDUM FOR FULL TREATMENT!
Property Facts
| Price | $12,895,000 | Building Class | B |
| Price Per Unit | $169,671 | Lot Size | 2.95 AC |
| Sale Type | Investment | Building Size | 39,359 SF |
| Cap Rate | 8.14% | No. Stories | 1 |
| No. Units | 76 | Year Built | 1981 |
| Property Type | Multifamily | Parking Ratio | 1.75/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Garden | ||
| Zoning | RMF | ||
| Price | $12,895,000 |
| Price Per Unit | $169,671 |
| Sale Type | Investment |
| Cap Rate | 8.14% |
| No. Units | 76 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 2.95 AC |
| Building Size | 39,359 SF |
| No. Stories | 1 |
| Year Built | 1981 |
| Parking Ratio | 1.75/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RMF |
Amenities
Unit Amenities
- Dishwasher
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Pool
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 19 | - | - |
| 2+1 | 40 | - | - |
| 3+1 | 9 | - | - |
| Studios | 8 | - | - |
1 1
Moderately walkable
60/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 22-29-15-88424-000-0001 | Improvements Assessment | $2,067,823 |
| Land Assessment | $482,177 | Total Assessment | $2,550,000 |
Property Taxes
Parcel Number
22-29-15-88424-000-0001
Land Assessment
$482,177
Improvements Assessment
$2,067,823
Total Assessment
$2,550,000
Contacts
-
Martin Goldstein -
Russell Goldstein -
The Goldstein Group (MRG Associates, LLC)
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Oasis Village Clearwater | 1101 Tuskawilla Dr
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