Briarwood Portfolio presents a compelling investment opportunity in the heart of Venice, Florida, consisting of 52 residential units with a desirable mix of two- and three-bedroom floor plans averaging 825 square feet. This well-positioned asset has benefited from over $2.1 million in recent capital improvements, including exterior painting, electrical system upgrades, landscaping, some new roofs, and selective interior renovations. Each unit is individually metered for water and sewer, supporting efficient operational management and direct tenant utility billing. A newly introduced monthly lawn care and HVAC maintenance program further enhances the property's appeal and long-term value.
With approximately 30% of the units still offering value-add potential through renovation, investors can capture upside by completing interior upgrades. The property is ideally located just minutes from U.S. Highway 41 and I-75, providing excellent regional access and proximity to the Gulf Coast’s most attractive beaches like Venice Beach and Manasota Key. Residents enjoy convenient access to major retailers such as Publix, Walmart, and Venice Plaza, all within a short drive. The area is supported by a strong employment base, including Sarasota Memorial Hospital – Venice Campus, Sarasota County Schools, and more, making the Briarwood Portfolio a strategically positioned asset with both stability and growth potential.