Features & Amenities

Interior

  • Other Interior Features

    Other

  • Total Bedrooms

    32

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Concrete, Frame

  • Other Exterior Features

    Other

  • Pool

    No

  • Waterfront YN

    NO

  • View

    Lake, Water

Area & Lot

  • Lot Size(acres)

    0.3

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $2,350,000

  • Tax Amount

    6998.57

  • Sq. Footage

    11, 937

  • Price/SqFt

    $196

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Septic Tank

  • Tax Lot

    20

  • Water Source

    Public

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Location

County

Polk

Elementary School

Middle School

High School

Listing Courtesy of Tito Urbano Perez , FLORIDA REALTY INVESTMENTS

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SELLER FINANCING AVAILABLE. North Oak 19-Unit Portfolio, a rare multifamily investment opportunity spread across three properties in Polk County, Florida.
The North Oak portfolio includes:
Northside Apartments: 114 E Northside, Lake Wales, FL: Built in 1964, this eight-unit property consists of four concrete block duplexes with pitched shingle roofs. Each unit features a 2-bedroom, 1-bathroom configuration. The property has been fully renovated in the past two years, with both electricity and water sub-metered, allowing tenants to pay for their own utilities. Trash services are included in the property taxes, keeping operational costs low. The roofs are in good condition, contributing to the property's low-maintenance appeal.

Oakcrest Apartments 118 Oak Crest Dr NW, Winter Haven, FL: Constructed in 1984, this eight-unit property comprises two fourplex buildings. The unit mix includes two 2-bedroom, 1-bathroom units and six 1-bedroom, 1-bathroom units, all built with a wood-frame construction and featuring pitched shingle roofs. The electricity is sub-metered, with tenants responsible for their electric bills, while water is provided by the city and paid for by the landlord. The property uses a septic tank system, also maintained by the landlord.

Haven Apartments 140 Ave W NW, Winter Haven, FL Built in 1974, this three-unit property offers all 2-bedroom, 1-bathroom units constructed from concrete block with pitched shingle roofs. Both water and electricity are sub-metered, and the property benefits from a central AC system. Sewer and water services are provided by the city.

With a total of 19 units, a mix of both 1-bedroom and 2-bedroom apartments, and well-maintained utility systems, the North Oak portfolio represents a stable, high-potential opportunity for multifamily investors looking to capitalize on the rental demand in Polk County’s growing markets.

114 E NORTHSIDE DRIVE

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