503 & 530 Fairwood Ave | Clearwater, FL 33759
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
503 & 530 Fairwood Ave
Clearwater, FL 33759
Genesis Clearwater · Multifamily Property For Sale
·
372 Units
INVESTMENT HIGHLIGHTS
- Well-Renovated Turnkey 372-Unit Community Situated in an In-Fill Location of Clearwater, FL; Located Nearby Major Drivers
- Incredible Property Momentum and Organic Rent Growth in 2021; Tampa Bay is Seeing Unprecedented Rent Growth
- Additional Ancillary Income Potential; Attractive Amentiy Package with Ability to Enhance
- Value-Add Opportunity to Further Upgrade Well-Appointed & Large Units to Achieve a $400 Premium; Over $11.8 Million ($31,000/unit) in Recent CapEx
- Attractive Unit Renovations on Almost All Units; Diverse and Appealing Floor Plans
PROPERTY FACTS
| No. Units | 372 | Lot Size | 22.00 AC |
| Property Type | Multifamily | Building Size | 342,588 SF |
| Property Subtype | Apartment | Average Occupancy | 90% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | B | Year Built/Renovated | 1974/2020 |
| Zoning | MDR - Medium Density Residential | ||
| No. Units | 372 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 22.00 AC |
| Building Size | 342,588 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built/Renovated | 1974/2020 |
| Zoning | MDR - Medium Density Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Vaulted Ceiling
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Dining Room
- Freezer
- Pantry
- Patio
- Wheelchair Accessible (Rooms)
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Business Center
- Clubhouse
- Fitness Center
- Laundry Facilities
- Pool
- Property Manager on Site
- Tennis Court
- Breakfast/Coffee Concierge
- Car Wash Area
- Laundry Service
- Pet Play Area
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 96 | - | 650 - 810 |
| 2+1 | 80 | - | 702 |
| 2+2 | 135 | - | 994 - 1,164 |
| 3+2 | 61 | - | 1,164 - 1,259 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $39,529,735 | |
| Land Assessment | $18,970,265 | Total Assessment | $58,500,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$18,970,265
Improvements Assessment
$39,529,735
Total Assessment
$58,500,000
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
