Capstone Companies is proud to represent Lakeside Villas: a
55-unit offering near the heart of Avon Park, Florida. Lakeside Villas is one
of the superior assets in this competitive market. This well-maintained asset
boasts some of the largest two-bedroom floor plans in the area and has a strong
history of capturing rental demand in the market. The property consists of
spacious one- and two-bedroom units with considerable capital improvements
completed by current ownership. All units come with full size washers and
dryers, in addition to other upgrades. New ownership will have the immediate
opportunity to increase rents significantly—in excess of $100—bringing Lakeside
Villas in line with the market. The property also features outdoor amenities
which include a swimming pool and a tropical cabana space. Lakeside Villas has
recently undergone extensive capital improvements addressing both unit
interiors and exterior deferred maintenance, allowing new ownership to focus on
maximizing revenue enhancement.