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Investment Highlights
- 60-unit concrete block construction built in 1989/2006, minutes from Downtown Lakeland
- Directly between two major hospital developments (Orlando Health and Advent Health)
- Roughly half a mile of Polk Parkway frontage, benefiting from 48,300 vehicles per day
- All 2BR/2BA floor plans averaging 876 SF, every unit has a washer and dryer
- Operational Upside: $110 to $275 discount to competitors
- Adjacent to the newly redeveloped Lakeland Family YMCA, currently undergoing a $21 million expansion/modernization
Property Facts
| Sale Type | Investment | Lot Size | 3.58 AC |
| No. Units | 60 | Building Size | 52,560 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1989/2006 |
| Building Class | C | ||
| Zoning | PUD, County | ||
| Sale Type | Investment |
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 3.58 AC |
| Building Size | 52,560 SF |
| Average Occupancy | 92% |
| No. Stories | 3 |
| Year Built/Renovated | 1989/2006 |
| Zoning | PUD, County |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Courtyard
- Picnic Area
- Property Manager on Site
- Grill
- Walking/Biking Trails
- Bicycle Storage
- Maintenance on site
- Green Community
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 60 | - | 844 - 908 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 24-29-06-000000-013010 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $4,240,381 |
Property Taxes
Parcel Number
24-29-06-000000-013010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,240,381
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Woodland Heights | 3726 Cleveland Heights Blvd
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