Apache Trail Apartments 1705 Apache Trl Immeuble residentiel 18 lots 1 691 983 € (93 999 €/Lot) Clearwater, FL 33755

Apache Trail Apartments is an 18-unit multifamily community ideally positioned just minutes from Downtown Clearwater, offering investors a well-located asset with a diverse unit mix of studios, one bedroom, and two-bedroom apartments. Current ownership has completed over $249,000 in recent exterior capital improvements, including fresh exterior paint, enhanced landscaping, and upgraded concrete pads and walkways, providing strong curb appeal and limited near-term capital requirements. The property also offers on-site parking and a shared back patio for residents.
The property presents a compelling value add opportunity with approximately $14,900+ in annual rental upside through rent increases to market levels, along with the opportunity to execute on light interior enhancements such as white shaker cabinets, granite countertops, new fixtures, and the addition of an on-site laundry facility. Apache Trail Apartments is located just five minutes from Downtown Clearwater’s walkable waterfront lifestyle anchored by Coachman Park, three minutes from the Pinellas Trail, and 11 minutes from Clearwater Beach. The property is also proximate to major employment centers including Morton Plant Hospital, Clearwater Marine Aquarium, and the Gateway Business District, supporting continued rental demand.