1135 TUSKAWILLA DR Clearwater FL 33756

7 CAP AS IT SITS

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.

Clearwater is the county seat of Pinellas County, and one of three major Florida cities comprising the region known as the Tampa Bay Metropolitan Area (the others being St. Petersburg and Tampa itself). With a population of over 3.4 million people, it is the second largest metro area in Florida (second only to Miami), and 17^th largest in the United States. Such a large city ensures an excellent tenant base for Class B and C multifamily such as these 76 apartments, as employment opportunities and demand for rentals are both plentiful, and demand is continuously replenished by newcomers to the city.

As land and construction costs continue to rise, quality tenants are often priced out of new or recent construction units. There exists a huge (and growing) demand for well-managed, 1970s and 1980s construction buildings that offer basic amenities at an affordable rent rate. While Oasis Village currently serves this portion of the market well, there are multiple opportunities to refine the properties appeal further that will be detailed herein.

The property has also been approved as a candidate for the Federal Emergency Management’s disaster relief housing assistance program, and has 8 units currently leased to residents placed under this program. These units are rented at significantly higher rates than market for a full 1 year to approved participants in the program. More information is included herein.

HUGE UPSIDE SEE ATTACHED OM FINANCIALS