Autumnwood Apartments
Closed1776 Harden Blvd, Lakeland, FL 33803
Property type
Multifamily
Unit / Space count
96
Price
Subject to Offer
Building size
57,600 sf
Rentable area
57,600 SF
Year built
1986
Year renovated
Occupancy
Zoning code
Lot size
5.39 Acres
Sold/status
Sold · Date unknown
Bedroom count
Property description
Autumnwood Apartments is a 96 unit multifamily property located in Lakeland, FL in Polk County. The property consists of 18 buildings, featuring concrete block construction with pitched shingle roofs. The unit mix consists of 96; 1 Bed 1 Bath units at 600 SF. Over $477,000 has recently been spent on interior and exterior capital improvements and on the renovation of 66 units. Investors have an excellent opportunity to add value to the property through the renovation of the remaining 30 units. Autumnwood Apartments also features an undeveloped lot on the West side of the property, which could be developed into additional units or a clubhouse. The property is well-kept and features a swimming pool with private restrooms and on-site laundry facilities. Residents enjoy upgrades such as new cabinets, vinyl wood flooring, stainless steel appliances, ceiling fans, lush landscaping, spacious closets and a convenient location near several major employers, national retailers and educational facilities. The property is located in the I-4 Corridor, which is the 4th fastest growing area in the country. Autumnwood Apartments is a quick 7-minute drive to Downtown Lakeland. Other nearby points of interest include Lakeland Regional Health Grasslands Campus (1.1 Miles & 60,000 SF Facility), FL Southern College (2.8 Miles & 3,500+ Students), Southeastern University (4.7 Miles & 8,000+ Students), Publix Supermarket Corporate Headquarters (4.7 Miles & 1,500+ Employees), Lakeland Regional Health Hospital (3.8 Miles & 550+ Employees), Lakeside Village Outdoor Mall (1.9 Miles & 550,000+ SF of Retail Space) and Grasslands Golf & Country Club (1.4 Miles & 7,000+ Yard Golf Course).
Property highlights
- All Single-Story Villa-Style Units with Private Front Patios
- Open Floor Plans with Walk-In Closet and Large Pantry For Storage
- Property Recently Received New Roofs Within the Last Year
- 68% of Units Have Received New Lighting, Upgraded Cabinets, New Switch Plates & Outlet Covers, Six Panel Doors & Stainless Steel Appliances in Select Units
- Renovated Laundry Facility & Extensive Landscaping Upgrades
- Sparkling Swimming Pool Area with Private Restrooms Surrounded by Green Space
- Ability to Construct Additional Units or Clubhouse on Green Space
- On Average, Upgraded Units are Achieving an 18% Increase Over Non-Upgraded Units
- Frontage on Harden Boulevard with Average Annual Daily Traffic of 37,500 Vehicles & Public Transportation Options
- Lakeland-Winter Haven is the 4th Fastest Growing Metro Area in the US with a 3.2% Annual Population Increase