August 15, 2019
The Multifamily Firm is proud to announce & present the exclusive right of sale for the Oak Vista Apartments in Sarasota Florida. Oak Vista consists of 10 total units, in 5 buildings, on 1 parcel of land. Conveniently located just North of Fruitville Road, between Interstate 75 and downtown Sarasota, residents are within close proximity of major retail corridors, and employment centers. Given its closeness to Downtown Sarasota, the property is situated in one of the highest demanded submarkets and thus has significant upside to increase rents with minimum updates. Over the past few months, ownership has done an excellent job of enhancing the curb appeal of the property, as well as addressing deferred maintenance items. Some of the work completed includes exterior paint, new roofs, updated fencing, and landscape improvements. All said, the Oak Vista Apartments offering presents an exceptional value-add opportunity, in a submarket with explosive growth and proven rental demand.
For additional information about this offering, please visit our Available Properties page or send us an email to coordinate a time to discuss further!