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FAITS SAILLANTS DE L'INVESTISSEMENT
- 68-Unit Concrete Block Apartment Community Constructed in the Early 1970s and 1980s, Offering Durable, Low-Maintenance Construction
- Converted in 2021 from Assisted Living to Multifamily Use by Prior Ownership, Now Operating as Traditional Apartments
- Highly Desirable Clearwater Location: Located in a Well-Established Area of Clearwater with Consistent Multifamily Demand
- Elevator-Serviced Concrete Block Asset with Climate-Controlled Interior Corridors, Originally Designed and Built as an Assisted Living Facility
- Well Amenitized Featuring a Fitness Center, Clubhouse, Game Room, Laundry Facility, Full Commercial Kitchen, and On-Site Leasing Office
- Strong Retail & Essential Services Access: Minutes to Major National Retailers Including Publix, Walmart, Costco, The Home Depot, and Target
RÉSUMÉ DE L'ANNONCE
The Monarch is a well-maintained 68-unit concrete block apartment community offering durable construction and modern convenience in a highly desirable Clearwater location. Originally built in the early 1970s and 1980s as an assisted living facility, the property benefits from unique design advantages including elevator service and climate-controlled interior corridors. Over $500,000 in recent capital improvements have been completed, featuring a new roof, extensive HVAC replacements, upgraded common areas, a new elevator installation, and select interior renovations. The community is well amenitized with a fitness center, clubhouse, game room, laundry facility, full commercial kitchen, and on-site leasing office. With 15 units currently operating under an affordable restriction at 120% of AMI.
Ideally positioned in a well-established Clearwater neighborhood with exceptional access to retail, employment, and lifestyle amenities. Major national retailers — including Publix, Walmart, Costco, The Home Depot, and Target — are all within minutes, alongside convenient connectivity to US-19, Gulf-to-Bay Boulevard, and Tampa International Airport. Just 10 minutes from world-renowned Clearwater Beach and close to waterfront parks, Belleair Country Club, the Pinellas Trail, and the revitalizing Downtown Clearwater waterfront. The Monarch offers a compelling value-add opportunity in one of Tampa Bay’s most desirable coastal communities.
Ideally positioned in a well-established Clearwater neighborhood with exceptional access to retail, employment, and lifestyle amenities. Major national retailers — including Publix, Walmart, Costco, The Home Depot, and Target — are all within minutes, alongside convenient connectivity to US-19, Gulf-to-Bay Boulevard, and Tampa International Airport. Just 10 minutes from world-renowned Clearwater Beach and close to waterfront parks, Belleair Country Club, the Pinellas Trail, and the revitalizing Downtown Clearwater waterfront. The Monarch offers a compelling value-add opportunity in one of Tampa Bay’s most desirable coastal communities.
FAITS SUR LA PROPRIÉTÉ
| Type de vente | Investissement | Taille du lot | 1,37 AC |
| Nombre d’unités | 68 | Taille du bâtiment | 69 552 pi² |
| Type de propriété | Immeuble residentiel | Occupation moyenne | 99% |
| Sous-type de propriété | Appartement | Nombre d’étages | 7 |
| Style d’appartement | De hauteur moyenne | Année de construction/rénovation | 1973/2021 |
| Classe d’immeuble | B |
| Type de vente | Investissement |
| Nombre d’unités | 68 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De hauteur moyenne |
| Classe d’immeuble | B |
| Taille du lot | 1,37 AC |
| Taille du bâtiment | 69 552 pi² |
| Occupation moyenne | 99% |
| Nombre d’étages | 7 |
| Année de construction/rénovation | 1973/2021 |
COMMODITÉS
COMMODITÉS DES UNITÉS
- Ventilateurs de plafond
- Four
- Électroménagers en acier inoxydable
- Plancher de vinyle
COMMODITÉS DU SITE
- Clubhouse
- Centre de conditionnement physique
- Installations de lessive
- Système de sécurité
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| Studios | 28 | - | 488 |
| 1+1 | 28 | - | 592 |
| 2+1 | 12 | - | 888 |
Impôts fonciers
| Numéro de lot | 14-29-15-00000-340-0600 | Évaluation des bâtiments | 5 390 239 $ CAD |
| Évaluation du terrain | 2 324 281 $ CAD | Évaluation totale | 7 714 520 $ CAD |
Impôts fonciers
Numéro de lot
14-29-15-00000-340-0600
Évaluation du terrain
2 324 281 $ CAD
Évaluation des bâtiments
5 390 239 $ CAD
Évaluation totale
7 714 520 $ CAD
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The Monarch | 1520 Jeffords St
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