JEFFERSON GARDENS 

Address: 121 North Jefferson Avenue, Clearwater, FL 33781

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Total Number of Units: 42

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List Price: $7,000,000

Tara Gardens: $3,666,000

Jefferson Apartments: $3,334,000

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Investment Highlights

• Two-Property Portfolio

• Both Assets Constructed of Concrete Block

• Ability to Raise the Net Operating Income by Approximately $100,000

• Assets are Commanding Strong Utility Bill Backs with Further Room for Increase by Implementing on the Remaining Units

• Centrally Located Assets Surrounded by Strong Local
  Clearwater Demand Drivers

• Close Proximity to Clearwater Beach a Previously Named #1 Nationally Renowned Beach by TripAdvisor

• Capitalize on an Extremely High Occupancy Submarket

• Centrally Located with a Short Commute to the Nationally Ranked Beaches, Employment Centers and Various Medical Centers in Pinellas County

Diagonal Apartments

Address: 8334 Diagonal Road North, St. Petersburg, FL 33702

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Total Number of Units: 4

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List Price: $1,200,000

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Investment Highlights

• Prime Location near Gandy Boulevard in St. Petersburg with easy commute to the Gateway Business District, Downtown St. Petersburg and within fifteen minutes of Tampa

• ​Currently Rented through Airbnb with Seasonal Rents around $158 per night in March

• Each Unit is Fully Furnished and have a Full Size Washer/Dryer

• All of the Air-Conditioning Units were Replaced in 2016

• ​All Units are Individually Metered for Water & Electricity

• Roof was Seal Coated within the Past Three Years

• ​In the Immediate Vicinity of 60,000+ jobs in the Gateway Business District

Brandychase Condominiums

Address: 4325 Aegean Drive, Tampa, FL 33611

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Total Number of Units: 27

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List Price: $4,900,000

Investment Highlights

• Constructed in 1981 of Concrete Block in South Tampa

• On-Site Amenity Package Superior to Immediate Competitive Properties

• Assumable Owner Financing Available - pg. 24 of OM

• Buyer May Also Place New Debt

• CAPITAL IMPROVEMENTS 2018 - 2021

  • New Roofs on All Three Buildings​

  • Parking Lots Repaved and Restriped

  • New Exterior Building and Shutter Paint

  • Gutters Added

  • New Washer/Dryers in Common Area Laundry Facilities (One in Each Building)

  • New Landscape Package​