Current ownership has spent significant time and money to obtain full site plan approval for 106 Oakland Park, a luxury townhome project totaling 106 three- and four-bedroom townhomes. The project is comprised of fourteen residential buildings and a clubhouse as well as impressive amenities. 106 Oakland Park offers investors the opportunity to develop the approved site plan either as a professionally managed rental community or with the intention of selling the townhomes individually to end users. The submarket is starved for new townhome product and each of these two strategies will be able to capitalize on intense residential demand within the area.
HFF is pleased to exclusively offer the opportunity to acquire 106 Oakland Park, a 6.6-acre site with approvals already in place for the development of 106 residential townhomes immediately off of I-95 in Oakland Park (Fort Lauderdale), Florida.