Fairness Assets Joint Enterprise Broadcasts Sale of 316-Unit Oasis West Melbourne House Neighborhood in West Melbourne, Florida

Equity Resources Joint Venture Announces Sale of 316-Unit Oasis West Melbourne Apartment Community in West Melbourne, Florida

WEST MELBOURNE, FL – Equity Resources, LLC, headquartered in Birmingham, Alabama, announced the sale of Oasis West Melbourne Apartments in West Melbourne, Florida. Oasis is a Class A property in the heart of the Space Coast in one of the strongest secondary markets in the Southeast.

The Oasis, built in 2021, offers an upscale equipment package and a spacious interior with functions of "Smart Home" technology such as smart hubs, door locks, lighting and thermostats. Additionally, Oasis is surrounded by an abundance of employees and is easily accessible for nearby retail and entertainment.

"Our strategy is to invest equity in building high quality, well-located Class A multi-family properties with experienced joint venture partners," said Jack Fiorella, president of Equity Resources. "We are a highly active source of equity financing with a huge appetite for expansion. The building, leasing and sale of Oasis are just one example of our recent successful deals. Oasis is part of a billion dollar pipeline of developments we are committed to." We aim to double this volume by the end of the year. While the Florida markets in particular are a focus for us, we will continue to invest in many markets in the Central and Southern United States. "

Source: Equity resources


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