1295 N Holland Pky - Multi-Family FOR SALE


Bartow, FL 33830
$4,650,000 USD
813-577-3837
1295 N Holland Pky, Bartow, FL for Sale
$4,650,000 USD
Multi-Family - FOR SALE
1/13
null | Request Cap Rate

1295 N Holland Pky
Bartow, FL 33830


HIGHLIGHTS

  • Recent Capital Improvements Include All New Roof (2023), All New Electrical
  • 36 out of 48 Units Have Been Renovated By Current Ownership
  • Significant Value-Add with $207+ in Average Monthly Rental Upside
  • The Property is Located Near Major Retailers, Including Walmart Supercenter (1.2 mi) Bealls (1.4 mi), Publix Super Market (1.5 mi), and ALDI (1.2 mi)
  • The Property Benefits from Proximity to Several of Polk County's Top Employers, Including Polk County Public Schools, Polk County Government, & Mosaic

OVERVIEW

Bear Creek Apartments is a 48-unit multifamily community strategically located in Bartow, Florida, a market experiencing strong economic and residential growth. The property has undergone notable capital improvements under current ownership, including a full roof replacement in 2023 and complete electrical upgrades. With 36 of 48 units already renovated, Bear Creek presents an immediate opportunity to capture rental upside, supported by a current average in-place rent of $959, market rents of $1,014, and a pro forma potential of $1,166. Ideally situated near major transportation routes including US-17 and SR-60, Bear Creek offers seamless access to Tampa Bay and the broader Orlando region. Residents benefit from close proximity to key retail amenities such as Walmart Supercenter, Bealls, Publix, and ALDI, all within 1.5 miles, along with convenient connections to several of Polk County’s largest employment drivers, including Polk County Public Schools, Polk County Government, and Mosaic. Combined, these strengths make Bear Creek Apartments a well-located and future-forward asset in a rapidly evolving Central Florida market.

FOR SALE DETAILS

PRICE

$4,650,000 USD

PRICE/SF

$173 USD /SF

# OF UNITS

48

PRICE/UNIT

$96,875

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bear Creek Apartments

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.94 AC

LAND SF

128,066 SF

ZONING

-

APN/PARCEL ID

25-30-05-384521-000010

ASK ABOUT THIS PROPERTY

Mark SavareseFranklin StreetMore Info
813-577-3837

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Mark SavareseFranklin StreetMore Info
813-577-3837

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.