Waterford Villas

Located in the heart of one of the highest demand rental markets in the US, Waterford Villas offers an
enormous value proposition to investors and renters alike. Featuring full concrete-block and stucco
construction, renovated units throughout, durable gable roofs, and strong amenities for this property type,
Waterford is well-positioned to provide stable, reliable cash flow and growth for years to come.
Housing demand in South Florida, and indeed the United States, continues to outpace supply. As new units come
online, high costs continue to drive rents on new construction ever higher. As a result, a large portion of the
middle class in these markets are priced out of new, Class A rental housing and must find a suitable alternative.
These qualified residents invariably turn to pre-existing, well-maintained rental units such as Waterford Villas.
In times of recession, residents who could previously afford Class A housing will seek out more affordable
options, expanding the tenant base further. Historically, occupancy and demand have remained consistent in this
sector at times when Class A properties must offer large concessions and incentives to achieve the same
result.
In all cases, Waterford Villas offers residents an extremely compelling option for affordable, quality rental
housing in such a competitive and high demand market. These single story units offer the feel and accessibility
of a single family home at a much lower rental cost to the tenant. As a result, units like these truly make up the
backbone of the South Florida rental market.
Waterford Villas is located close to Rock Island road (see maps and aerials) – a major North-South corridor that
directly connects with Florida’s Turnpike and Interstate 95. These units are also a short drive or ride-share from
Downtown Fort Lauderdale, Wilton Manors, Oakland Park, The Atlantic Coast Beaches, and much more.
Immediately surrounding the complex are several hundred high-value single family homes. A short drive
through the surrounding neighborhood shows many well-maintained and valuable homes.
Last but not least, Waterford Villas offers excellent investment upside. Rent growth in this area is historically
strong, and with select additional upgrades and new management strategies, rents can be raised and return
further maximized over the ensuing 12-24 months after acquisition.