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Investment Highlights
- Pasco County is projected to outperform areas closer to Tampa’s core, including a 3.4% projected average annual rent growth
- Existing washer/dryer connections in every unit
- Mix: Features studio, one-bedroom, and two-bedroom floor plans
- Value-Add Opportunity: Multiple revenue-enhancing strategies with limited capital expenditure
- Opportunity to implement a bulk cable/internet program for additional income
Executive Summary
CBRE is pleased to present Oakwood Village Apartments, a 75-unit, 1986 vintage, multifamily property located in Hudson, Florida, within Pasco County and
the Tampa Bay MSA. The community offers a mix of studio, one-bedroom, and two-bedroom floor plans. All units are equipped with in-unit washer and dryer connections, creating an immediate opportunity to increase ancillary income through the installation of washer and dryer appliances. Additional upside exists through targeted interior upgrades, selective common-area enhancements, and improved operational execution.
the Tampa Bay MSA. The community offers a mix of studio, one-bedroom, and two-bedroom floor plans. All units are equipped with in-unit washer and dryer connections, creating an immediate opportunity to increase ancillary income through the installation of washer and dryer appliances. Additional upside exists through targeted interior upgrades, selective common-area enhancements, and improved operational execution.
Property Facts
| Sale Type | Investment | Lot Size | 11.78 AC |
| No. Units | 75 | Building Size | 38,016 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built/Renovated | 1986/1990 |
| Building Class | C | Parking Ratio | 2.63/1,000 SF |
| Zoning | MF1 | ||
| Sale Type | Investment |
| No. Units | 75 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 11.78 AC |
| Building Size | 38,016 SF |
| Average Occupancy | 95% |
| No. Stories | 1 |
| Year Built/Renovated | 1986/1990 |
| Parking Ratio | 2.63/1,000 SF |
| Zoning | MF1 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Storage Space
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Vaulted Ceiling
- High Speed Internet Access
- Built-In Bookshelves
- Garden
- Linen Closet
- Patio
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Furnished Units Available
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 23 | $1,448 CAD | 288 |
| 1+1 | 47 | $1,616 CAD | 576 |
| 2+1 | 1 | $1,899 CAD | 864 |
| 2+2 | 4 | $1,916 CAD | 864 |
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Property Taxes
| Parcel Number | 06-24-17-0000-00700-0020 | Improvements Assessment | $4,140,095 CAD |
| Land Assessment | $538,768 CAD | Total Assessment | $4,678,863 CAD |
Property Taxes
Parcel Number
06-24-17-0000-00700-0020
Land Assessment
$538,768 CAD
Improvements Assessment
$4,140,095 CAD
Total Assessment
$4,678,863 CAD
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Oakwood Village | 18901-18933 Quercus St
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