An exceptional multifamily investment in Clearwater, Florida, this offering features 76 units at Oasis Village with strong in-place income and clear value-add potential. The property is fully occupied, well-located, and positioned for both near-term stability and long-term growth in one of Florida’s strongest rental markets.

Prime Location

Situated in the heart of Clearwater, this multifamily community benefits from a suburban setting with quiet residential surroundings. Residents enjoy easy access to shopping, recreation, major employment centers, and world-renowned Clearwater Beaches along the Gulf Coast. This strong location ensures consistent tenant demand and long-term rental growth potential.

Property Overview

Oasis Village offers a mix of studios, 1-, 2-, and 3-bedroom apartments designed with spacious floor plans. The community provides desirable amenities such as off-street parking, an on-site pool, and attractively landscaped grounds. Built with durable concrete-block and stucco construction, the 11 buildings are practical and well-maintained, making this an attractive and affordable rental option for working professionals and families.

Market Advantage

Clearwater is part of the thriving Tampa Bay Metropolitan Area, the second largest metro in Florida and the 17th largest in the U.S., with over 3.4 million residents. This ensures a large and diverse tenant base for multifamily housing. Rising land and construction costs have priced many renters out of new builds, further strengthening demand for well-maintained Class B and C apartment communities like Oasis Village.

Investment Opportunity

With a current cap rate of 8% and pro-forma potential of 8.22%, Oasis Village offers strong in-place returns. The property is fully leased, including 8 units under FEMA’s disaster relief housing assistance program, which provides above-market rents for a guaranteed 12-month term. This adds further stability and income growth for investors.

Value-Add Potential

• Oasis Village presents multiple avenues for investors to enhance returns, including:
• Interior upgrades to capture higher market rents.
• Improved amenity offerings to increase resident retention.
• Operational efficiencies to reduce expenses and boost NOI.
• Leveraging FEMA-assisted units for strong short-term revenue.

Investment Highlights

• 76 Total Units: Fully leased with diversified tenant base.
• Strong Returns: 8% in-place cap rate with upside potential.
• Durable Construction: Concrete-block buildings with stucco exteriors.
• Amenity Package: On-site pool, off-street parking, landscaped grounds.
• FEMA Program Income: 8 units leased at above-market rates.
• High-Demand Market: Clearwater is part of a large and growing metro with robust rental demand.