The Multifamily Firm is pleased to present the Ventura Apartments, a 12-unit apartment complex in Sarasota, Florida, offering a prime investment opportunity in one of the nation’s most sought-after coastal markets. Strategically positioned just 10 minutes from Siesta Key, recently ranked Florida’s #1 Beach and the #2 Beach in the US by Tripadvisor’s 2024 Travelers’ Choice Awards, the property benefits from strong tenant demand and exceptional investment potential. Additionally, its NON-flood zone location (Zone X) significantly reduces insurance costs.
This light value-add opportunity presents substantial upside through strategic cosmetic upgrades, implementation of RUBS or utility fees, and the conversion of the oversized garage into income-generating storage units. With its prime location, solid construction, and multiple avenues for value enhancement, Ventura Apartments offers a rare opportunity to capitalize on Sarasota’s thriving rental market and the enduring appeal of Siesta Key.
View the offering memorandum for full details and financial information.