By: David B Watkins, President
Watkins Realty Services, LLC.
January 26, 2015
Tampa, FL. On Friday, January 23, 2015, the Bay Area Apartment Association awarded Clearwater Oaks Townhomes the prestigious award of Rehab Property of the Year. The property was acquired by Investors Management Group of Los Angeles and JCR Capital of Denver in the fourth quarter of 2013 and has under gone a multi million dollar investment of both the interiors and exterior of all buildings. In addition, a new building is being constructed for the leasing and clubhouse center. The property was constructed in 1949 and consists of 200 two bedroom-one bath townhomes.
The Bay Area Apartment Association is a non-profit trade association serving the interest of the rental housing industry in the five counties within the Tampa Bay Area. The association currently represents over 250 apartment communities consisting of over 130,000 apartment homes.
Investors Management Group has acquired, repositioned and owns over 3,500 apartment homes in six states.
The renovation and management of Clearwater Oaks is handled by Watkins Realty Services, LLC with its home office in Tampa, Florida. Watkins Realty Services, LLC is a full service property management company providing property management, leasing, marketing, construction oversight and due diligence services.