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.