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Updated about 8 years ago,

User Stats

229
Posts
15
Votes
Jensen Jeune
  • Investor
  • Everett, MA
15
Votes |
229
Posts

OFF MARKET - 300 MULTI-UNIT LISTING - HOLLYWOOD, FL - CAP: 5.5%

Jensen Jeune
  • Investor
  • Everett, MA
Posted

ASKING: $45M + BUYER FEE

Class A

This happens to be a Class A luxury asset with a very good selection of apartment units, many long term tenants and an established location not far from the ocean. Well maintained with a wide assortment of amenities would make this a valuable asset for any investors portfolio. Rents are currently lower than what the market dictates and new management could easily bring the income up considerably.

UNITS 300

BUILT 1985

BUILDINGS 6

STORIES Four-Story / Elevator-Served

DENSITY 18.43 Units / Acre

SITE SIZE / ACREAGE: 16.28

TOTAL SF 228,336

AVERAGE UNIT SF 761

AVERAGE RENT / SF: $1.69

ROOFS Flat

BUILDING

STUDIO - # / % - 60 / 20%

ONE BEDROOM - # / - % 144 / 48%

TWO BEDROOM - # / % -96 / 32%

 COMMUNITY FEATURES

  • CONTROLLED ACCESS
  • ELEVATOR SERVED
  • SWIMMING POOL
  • SUNDECK
  • SPA
  • FITNESS CENTER
  • TENNIS COURTS
  • PLAYGROUND
  • PICNIC AREA
  • BUSINESS CENTER
  • LAUNDRY FACILITIES
  • STAND - A LONE RENTAL OFFICE
  • INTERIOR LUXURIES

  • • WATER VIEW (SELECT UNITS)
    • PRIVATE BALCONY / PATIO
    • WELL-EQUIPPED KITCHEN
    • WALK-IN CLOSETS
    • HIGH-SPEED INTERNET ACCESS 
  • =========================================================================
  • An NCND/MFA with a Biography, non-binding Letter of Intent and/or non-invasive Proof of Funds (2 of 3 will be sufficient) are the prerequisites that need to be submitted in order for additional details to be released to prospective clients.
  • Offering