Oak Shade

Description

An 82-unit market property, located in Orange City, Florida, midway between Orlando and Daytona Beach. Property was acquired and capital improvements are currently underway to address deferred maintenance
while modestly upgrading units to accelerate rent growth. Operational improvements are also occuring
and stabilization expected by end of 2016.

City
Orange City
State
Florida
Aquisition date
December 2015
Number of units
82
Surface area
4763 m2
Fair value
3.6 Mio USD