Aug

29
2018
Tallahassee

Michaelson Real Estate Group, LLC and Private Equity Partner acquire Oaks at Lake Jackson Apartments in Tallahassee, FL

Michaelson Real Estate Group is pleased to announce the expansion of its existing portfolio to include The Oaks at Lake Jackson Apartments, a 120-unit apartment community nestled in a tranquil setting along the shore of Lake Jackson.

The Oaks, located at 5001 Lake Front Drive, is just minutes from midtown and downtown Tallahassee, restaurants, shopping, banking and schools. It is comprised of 14 two story buildings on 10.020 acres of land. The property features one, two and three bedroom floor plans ranging from 785 to 1,250 square feet. Residents enjoy beautiful apartment home interior improvements including two-tone paint, new designer cabinetry and countertops, white and stainless steel appliances, beautiful wood plank floors and upgraded carpet, screened porches along with many other surprises. The Oaks features a full amenity package including a sparkling swimming pool, gas fire pit with lounge seating, outdoor resident grilling entertainment pavilion, lush landscaping, expansive state of the art fitness center, and clubhouse with business center, shuffle board, Wi-Fi and Resident kitchen and laundry facilities. The Oaks has convenient access to the Interstate 10. The asset was built in 1988.

Michaelson remains focused on the Florida market and believes investments like The Oaks will offer solid returns on their investments.

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