2. INVESTMENT HIGHLIGHTS
This is a 250-unit garden apartment community in Palm Harbor, one of the top-
performing submarkets of the dynamic Tampa Bay MSA. The property was built in
1988, and represents an excellent opportunity to acquire a stabilized, well-
maintained asset with proven value-add upside potential.
3. The new owner will have the opportunity to increase rents by expanding upon an
already proven value-add interior renovation program and capitalize on the
dynamic performance trends throughout the submarket.
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6. PROPERTY HIGHLIGHTS
This community is 250 units with a large average unit size of 1,063
square feet in a well-designed floor plan, with one- or two-bedroom
flats as well as two-story townhomes. The property offers a highly
competitive community amenity package including a clubhouse with
catering kitchen, newly renovated 24-hour fitness center, off -leash dog
park, resort-style heated swimming pool with large sundeck, lighted
tennis courts, lighted basketball/sport court, picnic area with new
7. barbecue grill and smoker, courtyard gazebo, valet trash pickup, car
care center and gorgeous, mature landscaping with abundant oak trees.