822 Grand Central St, Clearwater, FL 33756

Located in the heart of beautiful, coastal Clearwater, FL, The Goldstein Group is pleased to present these 5 units located at
822 Grand Central St in Clearwater FL. This 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 quiet suburban location offers enjoyable
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 and 2 bedroom apartments, as well as studios with spacious floorplans, off-street parking, and attractively
landscaped grounds, 822 Grand Central presents a compelling package to residents at affordable rents with plenty of room
for value-add projects by an incoming investor. Its robust frame and siding construction offers relative ease of
maintenance and updating as needed, as well as historically excellent stormworthiness.

Mini-split-style air conditioning units have been installed in 4 of the 5 apartments, and have shown an attractive value add
to residents. Rents are currently below market levels due to several long term tenants, and with minimal updating can be
raised beyond current market levels.

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 17th largest in the United States. Such a
large city ensures an excellent tenant base for Class B and C multifamily such as these 5 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 affordable housing in good neighborhoods, such as offered by these 5
apartments.