EL SOL CONDOMINIUMS
4051 N Dixie Hwy, 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 was acquired with an 80% LTC. The property required vacating of all tenants, renovating interior units with new flooring, kitchen, bathrooms, and the exterior with new curb appeal, and new coat of paint. The property was converted to condo and the individual units were sold to first time home buyers within 9-months, due to the turn of the market 36 units were kept and sold in 2021.
site & Project
The site consisted of 126 apartments situated in 2.7 Acres in Oakland Park, FL, directly on North Dixie Hwy. The property included a pool, and a gym.
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.