EL OASIS APARTMENT
3870 N Andrews Ave, Oakland Park, FL 33334, – Fort Lauderdale MSA
$ 0 M USD
$ 0 K USD
Renovation to interior exterior of the property
business plan & results
The property required leasing empty units, recycling the current rent roll, and improving bad debt due to poor management. The property was successfully stabilized and put up for sale.
site & Project
The site consisted of 140 apartments situated in 3.7 Acres in Oakland Park, FL, directly on North Andrews Ave. The property surrounding included lushly-landscaped grounds and two swimming pools. Most units enjoy pool or courtyard views and many have a private patio or balcony.
Oakland Park is a small city surrounded by the much larger community of Fort Lauderdale. The largely suburban environment offers a quiet home life, while the location provides easy access to Miami, the local beaches, and numerous parks, malls, and golf courses. One of the most popular local hangouts is the Funky Buddha Brewery, which has become famous among beer aficionados in the region. The diverse rental market includes options for every taste and budget, from swanky suburban houses and upscale condos to more affordable apartments.