Listings

Price: $ Market Bid

Total Number of Units: 202

Address: 13021 Kain Palms Court, Tampa, FL 33612, USA

• Through strategic property and management efforts, a buyer could increase Effective Gross Income in year 1 of operations by $237,607
• 89% of the units are in two of the properties 24% of the units were constructed in 2007
• Portfolio consists of a superior unit mix comprised of majority two and three – bedroom floor plans

Lead Agent(s): Cameron S. Barbas

Price: $ 1,500,000

Total Number of Units: 8

Address: 408 South Tampania Avenue, Tampa, FL, USA

• Value add opportunity by increasing average rents $500+
• Unit mix comprised of large two-bedroom/one-bathroom floor plans
• Private gated entry, beautifully updated serene courtyard, and private balconies/patios
• Washer/dryer appliances and large storage closets

Lead Agent(s): Matthew W. Prozzillo

Price: $ 5,100,000

Total Number of Units: 30

Address: 3215 West Swann Avenue, Tampa, FL, United States

• Approximately $27,000 In Loss-to-Lease Available to be Recaptured
• Value Add Opportunity by Increasing Average Rents $200+
• Private Gated Entry, Beautifully Updated Serene Courtyard and Renovated Unit Interiors

Call for Offers: Thursday, March 8th by 5pm EST

Lead Agent(s): Cameron S. Barbas

Price: $ 1,250,000

Total Number of Units: 21

Address: 1105 East Bird Street, Tampa, FL, USA

• Impeccably built concrete block buildings
• Fully stabilized portfolio with an immediate path to rental upside
• 100% fully occupied community with a waiting list
• Washer/dryer connections in select units
• Value add opportunity by increasing rents $100+/unit
• All units are individually metered for water

Lead Agent(s): Joshua Teplitzky

Price: $ 1,550,000

Total Number of Units: 32

Address: 8570 Southeast Mayo Drive, Crystal River, FL 34429, United States

• Highly Desirable 1980s Vintage Construction
• Heavily Renovated Interiors with Individually Sub-metered Buildings
• Opportunity to Gain Significant Market Share in the Citrus River Market
• Ability to Achieve a Year One Cap Rate of 10.75% (28.91% Cash-On-Cash Return)
• Current Average Effective Rents are 15% Below Current Market Rents
• Recapture 133% of Initial Down Payment within Four Years

Lead Agent(s): Benjamin N. Skinner

Price: $ Market Bid

Total Number of Units: 90

Address: 7402 Heritage Hills Drive, Temple Terrace, FL 33637, USA

• Rare opportunity to own 90 units of 1980s concrete block construction in Tampa, FL
• 96% average current occupancy level of all comparable properties
• Opportunity to increase NOI by $74,098 through strategic management adjustments and by moving rents up to meet the market
• Clean asset with recent capital improvements including the addition of a front entrance gate, revitalized exterior paint, expansion of pool deck, two new roofs, and reinforced staircases
• Minimal repair and maintenance outlook for next 5 years with recent exterior updates and unit finishes
• $77,186 increase in effective gross income by end of year 1 operations
• Significant rental spread between Avesta Heritage Cove and competing properties

Lead Agent(s): Joshua D. Teplitzky

Price: $ Market Bid

Total Number of Units: 340

Address: 3900 75th Street West, Bradenton, Florida 34209, United States

• Value-add opportunity constructed of concrete block in Tampa, FL
• Opportunity to increase gross possible rent by $401,000
• $209 weighted spread between Diamond Upgraded unit with washer/dryer appliances current market rent and all other finish levels weighted average effective rent
• Recent exterior capital improvements include resurfaced parking lot, revitalized landscaping, and energized building exterior paint
• All corner units with private fenced-in patios

Call for Offers: Thursday, June 28th by 5:30 pm EST

View Offering Here

Lead Agent(s): Francesco P. Carriera or Michael P. Regan

Price: $ 720,000

Total Number of Units: 4

Address:

• Five-minute bike ride to the beautiful Bayshore Boulevard
• Located in Tampa’s urban core within close proximity to multiple redevelopments such as bill gates, Jeff Vinik, and Tampa port authority’s $3 billion downtown/water street redevelopment, the heights redevelopment, west river redevelopment, Tampa international airport’s $1 billion renovation, Westshore marina district and more
• Close proximity to 90+ bars, restaurants, and retail destinations
• Located within a 10-minute drive time of 159,000 jobs within downtown Tampa and Westshore business district

Lead Agent(s): Matthew W. Prozzillo

Price: $ 1,210,000

Total Number of Units: 22

Address: 8602 Pioneer Trail, Port Richey, FL, United States

• Opportunity to collect $9,240 in loss-to-lease by resigning leases at current market rent
• Highly desirable unit mix consisting of all two-bedroom/one and one half-bathroom townhouse units
• Excellent amenity package made up of washer/dryer connections, private patios and a basketball court

Lead Agent(s): Matthew W. Prozzillo

Price: $ 1,450,000

Total Number of Units: 10

Address: 701 1st Street, Indian Rocks Beach, FL 33785, USA

• Well-Built 1970’s Vintage Concrete Block Construction
• Amenitized Property Consisting of a Large Courtyard, Grilling Station, and On-Site Laundry
• Ability to Operate as Annual or Prime Seasonal Rentals
• Current Rents are 18% Below Market Comparable Rents
• Opportunity to Realize a 12%+ Cash-On-Cash Return Near the Beach

Lead Agent(s): Benjamin N. Skinner

Price: $ 550,000

Total Number of Units: 9

Address: 442 30th Avenue North, St. Petersburg, FL, United States

• Premium location in the heart of desirable St. Petersburg
• Only 20 minutes to St. Pete beach ranked “#3 beach in the U.S.” by TripAdvisor in 2017

Lead Agent(s): Joshua Teplitzky

Price: $ 1,499,000

Total Number of Units: 24

Address: 103 Cactus Street, Tallahassee, FL, United States

• 8.83% CAP Rate
• Unit Interior Renovations Include Granite Countertops, Stainless Steel Appliances, New Bathroom Vanities, New Kitchen Cabinets and Interior Paint

Lead Agent(s): Joshua D. Teplitzky

Price: $ 850,000

Total Number of Units: 10

Address: 1506 East 138th Avenue, Tampa, FL, USA

• Superior unit mix of all three-bedroom floor plans
• Washer/dryer connections in every unit
• 100% fully occupied community
• Ample off-street parking

Lead Agent(s): Cameron S. Barbas

Price: $ Market Bid

Total Number of Units: 108

Address: 14323 Lucerne Drive, Tampa, FL 33613, USA

• Concrete block construction
• 22% two-bedroom townhouse composition
• Gated community with swimming pool

Lead Agent(s): Cameron S. Barbas

Price: $ Market Bid

Total Number of Units: 14

Address: 7102 S Kissimmee St. Unit A D,Tampa, FL 33608

• Value-add opportunity by increasing NOI 38% by end of year 1
• Approximately $250 average rent increases by end of year 1
• 100% 2 BR/1 BA floorplans with washer/dryer connections and private patios
• 1980’s concrete block construction
• Select units have been upgraded with granite countertops, stainless steel appliances, new cabinets and vinyl plank flooring

Lead Agent(s): Cameron S. Barbas

Price: $ Market Bid

Total Number of Units: 72

Address: 13021 Kain Palms Court, Tampa, FL 33612, USA

• 67% 2007 construction
• 83% two and three-bedroom floor plans
• 12 townhouse style units
• 1,117 average rentable square feet
• Washer/dryer connections in all two and three-bedroom floor plans

Lead Agent(s): Cameron S. Barbas

Price: $ 960,000

Total Number of Units: 12

Address: 11302 North 15th Street, Tampa, FL, 33612

• Superior unit mix of all two-bedroom floor plans with w/d connections
• Concrete block construction
• Fully occupied community
• Stabilized income with value-add opportunity to increase EGI 11%+
• Ample off-street parking

Lead Agent(s): Cameron S. Barbas

Price: $ Market Bid

Total Number of Units: 144

Address: 9790 Hamlin Boulevard, Seminole, FL 33776, USA

• Value-add opportunity through clubhouse and amenity renovations
• 100 percent renovated interiors with minimal repairs and maintenance expenses
• Current ownership has spent in excess of $2.8 million on capital improvements
• $300,000 potential increase in effective gross income by implementing a valet trash program, cable reimbursement program, adding patios, and increasing rents to surpass inferior competition
• Fantastic A+ location in Seminole, FL with very limited competition

Call for Offers: Wednesday, June 20th by 5:30 pm EST

Lead Agent(s): Francesco P. Carriera or Michael P. Regan

Price: $ 728,571

Total Number of Units: 4

Address: 2812 West Estrella Street, Tampa, FL, United States

• Opportunity to Obtain a Bite-Sized, Fully Stabilized Multi-Family Asset in Tampa’s Urban Core
• Ability to Increase rents $203 Upon Lease Renewals and Increase NOI by 6% Without the Need to Infuse more Capital
• Newly Renovated Unit Interior and Exteriors Including Granite Countertops, New Appliances, Original Hardwood Flooring, New Cabinets and Lush Landscaping
• Located in Tampa’s Urban Core Within Close Proximity to Several Redevelopments Such as Bill Gate and Jeff Vinik’s $3 Billion Downtown/Water Street Redevelopment, The Heights Redevelopment, West River Redevelopment and Tampa International Airport’s $1 Billion Renovation
• Superior Walkability to 90+ Bars and Restaurants, Beautiful Bayshore Boulevard and Prestigious Palma Ceia Country Club
• Located within Close Proximity to 159,000 Jobs between Downtown Tampa and Westshore Business District

Lead Agent(s): Camerson S. Barbas or Matthew W. Prozzillo

Price: $ 1,821,429

Total Number of Units: 10

Address: 2915 West Estrella Street, Tampa, FL, United States

• Beautifully Modernized 1920’s Asset with Original Hard Wood Floors, High Ceilings, Granite Countertops, Washer/Dryer Appliances, New Windows and New Cabinets amongst other renovations
• Opportunity to Increase Rents $188 from Current In Place
• Superior Amenity Package includes Private Keyless Entry, Ample off-street covered & uncovered parking, and washer/dryer appliances, Possible on-site Bike Storage

Lead Agent(s):

Price: $ Market Bid

Total Number of Units: 17

Address: 1820 Gulf Shore Boulevard North, Naples, FL 34102, USA

• Develop up to 20 units of luxury waterfront
• Sell individual condominium units for greater than $950 per square foot
• Realize a return-on-investment after closing costs of greater than 30%
• Return-on-investment after closing costs equates to $200+ per square foot 17 existing cooperative units (100% of community)
• 1.34 +/- acres of developable waterfront land
• Potential to be the only mid-rise condominium units built since 2011 on Gulf Shore Boulevard North
• Eight boat slips providing future residents with direct access to the Gulf of Mexico

Call for Offers: Wednesday, May 30th by 5:30 pm EST

Lead Agent(s): Michael P. Regan or Benjamin N. Skinner

Price: $ 1,275,000

Total Number of Units: 16

Address: 3817 Del Prado Boulevard, Cape Coral, FL 33904, United States

• Desirable 1970’s Vintage Concrete Block Construction
• Heavily Renovated Property With a New Roof in Process
• Significant Value-Add Opportunity (Year-One Cap Rate of 9.19%)
• Achievable NOI Increase of 29.44% by Year One of Ownership

Lead Agent(s):

Price: $ Market Bid

Total Number of Units: 208

Address: 801 Chestnut Street, Clearwater, FL 33756

• $508 spread between Prospect Towers Pro Forma rents and The Nolen’s one-bedroom average rent
• 33% average effective rent growth since 2016
• Potential for $71,708 increase in Effective Gross Income by continuing the recently implemented cable reimbursement program
• Potential for a $53,835 increase in Effective Gross Income by implementing a $25 per month flat fee for water and sewer
• Significant capital improvements made in last five years including new air handlers, elevator rehabilitation, and an upgraded amenity package

Lead Agent(s): Francesco P. Carriera or Michael P. Regan

Price: $ Market Bid

Total Number of Units: 172

Address: 15215 Livingston Avenue, Lutz, FL 33559

• Value-Add Opportunity Constructed on Concrete Block in Tampa, FL
• Opportunity to increase Gross Possible Rent by $401,000
• $209 weighted spread between Diamond Upgraded unit with washer/dryer appliances current market rent and all other finish levels weighted average effective rent
• Recent exterior capital improvements include resurfaced parking lot, revitalized landscaping, and energized building exterior paint
• All corner units with private fenced-in patios

Call for Offers: Wednesday, May 23rd

View Offering Here

Lead Agent(s): Michael P. Regan or Francesco P. Carriera

Price: $ 1,563,000

Total Number of Units: 17

Address: 4421 Frankie Court, North Fort Myers, FL 33903, USA

• Recently Renovated Concrete Block Construction
• Desirable Unit Mix Consisting of Two Bedroom Townhouse and Duplex Units
• Amenities Include In-Unit Laundry Connections
• Ability to Realize a Year One Cash-On-Cash of 21.83% Through Loss-To-Lease Recapture

Lead Agent(s): Benjamin N. Skinner

Price: $ Market Bid

Total Number of Units: 47

Address: 17100 Gulf Boulevard, North Redington Beach, FL 33708, United States

• Unrivaled 122 Feet of Beachfront Location Directly on North Redington Beach 47 Condominium Units (100% of Community)
• Potential to be the Only Sizeable Beachfront Multifamily Property in Tampa Bay Diverse Variety of Exit Strategies Including Multifamly, Hospitality, Condominium and Redevelopment
• Gulf-Views from 72% of Units Only 3.3 Miles Away from World Famous John’s Pass Village and Boardwalk

Lead Agent(s): Michael P. Regan

Price: $ Market Bid

Total Number of Units: 268

Address: 8100 US Highway 98, Pensacola, FL, United States

• 95%+ T12 Occupancy
• $113,500 of In-Place Loss-to-Lease Upside Based on Current Asking Rents ($35/unit/year)
• Up to $300 of Rental Upside based on Most-Direct Market Competitors
• Opportunity to Perform Strategic Capital Upgrades to Unit Interiors
• $365 Affordability Gap Between the Cost-to-Own in the Immediate MSA and the Current Average Effective Rent at Fairfield Lakes Apartments

Call for Offers: Wednesday, February 14th by 5pm EST

>>Click Here to View Offering Documents<<

Lead Agent(s): Francesco P. Carriera or Michael P. Regan

Price: $ 780,000

Total Number of Units: 10

Address: 807 9th Avenue North, St. Petersburg, FL, United States

• Highly Desirable Location in the Heart of Growing Downtown St. Petersburg
• Superior Walkability (0.8 Miles) to Downtown St. Petersburg Retail, Dining and Local Nightlife
• Well Built Asset with Great Frontage on 9th Avenue North
• Recently Renovated with New Tile, Laminate Flooring, Formica Countertops, and Raised Panel Cabinets

Lead Agent(s): Joshua D. Teplitzky

Price: $ 1,030,000

Total Number of Units: 14

Address: 2452 Stella Street, Fort Myers, FL 33901, United States

• Optimal Unit Mix Consisting of 100% Two-Bedroom Floorplans
• Heavily Renovated Interiors With a New Roof In 2017
• Current Average Effective Rents are 17% Below Immediately Achievable Pro Forma Rents
• Opportunity to Realize a 10.05% Cap Rate in Year One of Ownership
• Ability to Recapture 103.24% of Initial Equity (Down Payment) Within Four Years

Lead Agent(s):

Price: $ Market Bid

Total Number of Units: 400

Address: 7315 West Hanna Avenue, Tampa, FL 33634, United States

• Approximately $2.5 million invested in exterior and interior renovations since 2016
• 21% of units upgraded and receive rental premiums
• Value-add opportunity to build-upon upgrade program
• 95% current occupancy – well positioned for agency financing

Call for Offers – Wednesday, December 13th

Lead Agent(s): Francesco P. Carriera or Michael P. Regan

Price: $ 18,100,000

Total Number of Units: 260

Address: 2450 Hartwell Avenue, Sanford, FL 32771, United States

• Current Average Effective Rents $200 Below Market Average
• $240,696 In-Place Annual Loss-to-Lease Upside ($77 per unit, per month)
• Opportunity to Increase NOI by Approximately $492,000 by End of Year 1
• Opportunity to Continue Strategic Upgrades at Aqua Links (55 Upgraded Units Receiving a $50 Premium) Benefit from Short Term or Long Term Holding Strategy
• Short Term Strategy: Capitalize on Value Add Business Plan and Below Market Rents to Increase NOI by $492,000
• 75 Percent Return on Equity Potential on 2-Year Hold
• Long Term Strategy: 7-Year IRR Approximately 29%; 10-Year IRR Approximately 26%

Aqua Links
2450 Hartwell Avenue Sanford, Florida 32771
140 Units

Stoneridge Pointe
1505 West 25th Street Sanford, Florida 32771
120 Units

Lead Agent(s):

Price: $ 675,000

Total Number of Units: 9

Address: 6682 5th Avenue North, St. Petersburg, FL, United States

• Recently Renovated Unit Interiors Which Includes New Appliances, Granite Countertops and New Bathroom Vanities Amongst Many Other Renovations
• Concrete Block Construction Built in 1958 and Renovated in 2015

Lead Agent(s):

Price: $ Market Bid

Total Number of Units: 161

Address: 1992 East Seymour Avenue, Cincinnati, OH 45237, United States

• Extensive $2.65 Million Renovation in last 24 Months
• Opportunity for New Investor to Capitalize on Below-Market Rents that were Compressed During Renovation Period (4% In-Place Loss-to-Lease)
• Phenomenal Entry Position in One of Cincinnati’s Highest Growth Submarkets
• Favorable Unit Mix – 81 Percent Two and Three-Bedroom Floor Plans
• Majority Townhome-Style Floor Plan Layouts

Lead Agent(s):

Price: $ 680,000

Total Number of Units: 8

Address: 1927 Hill Avenue, Fort Myers, FL, United States

• Exceptional Unit Mix Consisting of 100% Two-Bedroom/Two-Bathroom Floorplans
• 1980’s Vintage Concrete Block Structure
• Current Owner Has Invested Over $200,000 in Property Renovations
• High Yield Asset With a Year Three Cash-on-Cash Return of 18.38%

Lead Agent(s): Benjamin N. Skinner

Price: $ Market Bid

Total Number of Units: 120

Address: 62 Cleveland Street, Quincy, FL, United States

• Clear Path to Over a Pro Forma 9% Cap Rate and 16.5%+ Cash on Cash Return
• Rare Low Income Housing Tax Credit (Section 42 LIHTC) Opportunity with Rental Upside
  • $83,918 (8.02%) Loss-to-Lease Upside Based on Current Market Rents
  • Current Average Effective Rents $85/unit/month Below 2017 Max Allowable Rents
• Currently Under-Performing Asset with 85.83% Current Occupancy Compared to 95% Market Average of Inferior Assets
• Operational Upside via Above-Market Average Controllable Expenses
• 89% Two and Three-Bedroom Floor Plan Composition
• 5.09% Gadsden County Max Allowable Rent Growth from 2016 to 2017

Lead Agent(s): Francesco P. Carriera or Michael P. Regan

Price: $ Market Bid

Total Number of Units: 108

Address: 1756 S Clyde Morris Blvd, Daytona Beach, FL 32119, United States

Built in 1985 with 67 Percent 2×2 Floor Plans

Stabilized Asset with Inherent Upside

• 4.92% total vacancy, concessions and bad debt (T12)
• 7.95% organic effective income growth (T12)
• $53,000 in-place loss-to-lease

Substantial Premium Potential for Upgrades

• Up to $270-295 per month premiums for one and two-bedroom units

Lead Agent(s): Michael P. Regan

Price: $ Market Bid

Total Number of Units: 42

Address: 1095 Hancock Creek South Boulevard, Cape Coral, FL 33909, United States

• Approximately $40,000/Unit of Development Costs Already In-Place
• 42 Existing and 56 Fully Approved and Entitled Developable Condominium Grade Class-A Units
• Implement Strategic Remodeling of the Existing 42 Units (12% Rent Increase)
• Recapture 6.38% In-Place Loss-to-Lease Resulting in a $40,200 Addition to Revenue
• Ability to Realize a Stabilized All-In Cap Rate Above of 8% and a Year Five IRR Above 40%
• Realize a Post Development NOI Increase of 223%

Lead Agent(s): Benjamin N. Skinner

Price: $ 2,000,000

Total Number of Units: 32

Address: 6735 Southwest 4th Place, Gainesville, FL, United States

• 50% of the Units have been Beautifully Renovated in 2017 with Vinyl Wood Flooring, New Kitchen Cabinetry, Washer/Dryer Appliances, New Appliances, New Lighting, New Bathroom Vanities, And Much More
• Opportunity to Continue Renovations and Capitalize on Significant Rental Upside Approximately $90+ Higher than Average Effective Rents
• Highly Desirable 1980’s Vintage Asset Comprised of Concrete Block Construction with Amenities Such as Washer/Dryer Appliances and Private Patios

Lead Agent(s): Matthew W. Prozzillo

Price: $ Market Bid

Total Number of Units: 158

Address: 11300 66th Street North, Largo, FL 33773, United States

• 1984 Concrete Block Construction
• Completely Renovated, Turn-Key Asset with Immediate Cash Flow and Returns
• 95% Current Occupancy – Well Positioned for Agency Financing

Lead Agent(s):

Price: $ Market Bid

Total Number of Units: 481

Address: 300 10th St S, St. Petersburg, FL 33

• Capitalize on Well-Below Market Rents
  • Strategic interior and amenity upgrades
  • Decrease the $447 gap between current rents an
    that of surrounding A-Product
  • Further outperform shadow-market and surrounding
    smaller competing assets
• Profit on Un-Utilized Commercial Retail/Office Space
  •  10,000 total square feet of commercial retail/office space
    of which only 4,000 square feet is currently occupied
  •  Opportunity to add an additional $64,800 in annual gross
    potential revenue
  • Expand upon the existing live, work, play culture

Lead Agent(s):

Price: $ 1,050,000

Total Number of Units: 12

Address: 1919 Ricardo Ave, Fort Myers, FL 33901, United States

• Optimal Unit Mix Consisting of 100% Two-Bedroom Floor Plans
• Rare Opportunity to Acquire a Fully Renovated, High Yield, Low Maintenance Asset
• Significant Upside Through Rental Rate Increases and Loss-to-Lease Recapture
• Opportunity to Recapture 113% of Initial Equity Within Six Years

Lead Agent(s):

Price: $ 25,800,000

Total Number of Units: 281

Address: 2225 Nursery Road, Clearwater, FL 33764, United States

• Un-paralleled Community Amenities
• New Appliance Packages in 27 Units (select appliances replaced as needed in 20 additional units)
• Updated Flooring Throughout 32 Units (10 additional units received new carpet in bedrooms)

Lead Agent(s):

Price: $ Market Bid

Total Number of Units: 338

Address: 4637 Deleon Street, Fort Myers, FL 33907, United States

• 338 Units Built of Concrete Block Construction
• 22 Upgraded Unit Interiors Which Receive a $176 Average Monthly Premium
• $180,756 of In-Place Loss-to-Lease Upside for New Investor
• Two Phases, Both Built of Concrete Block

Lead Agent(s):

Price: $ Market Bid

Total Number of Units: 103

Address: Marietta, GA, United States

• Proven Value Add Opportunity: New Ownership is given an opportunity to push rents by implementing interior upgrades throughout all three properties. Revenue can be pushed with a $100 monthly increase per unit which will boost NOI by $123,600 annually.
• Connectivity to Economic Drivers: Since 2015, the county realized more than $320 million in economic impact and over 5,500 jobs from companies such as Comcast, Aaron’s Inc., Synovus Financial Corp. and The Home Depot expanding within the county’s boundaries.
• Substantial Economic Growth: All three properties are located in Marietta, GA which has a population of over 56,500, an unemployment rate of 5%, and a future job growth over the next decade to be 35%.
• Economies of Scale: This investment opportunity gives investors the ability to acquire 103 units located in a highly desirable market with proven rent growth.

Lead Agent(s):

Price: $ 755,000

Total Number of Units: 12

Address: 1101 16th Street North, St. Petersburg, FL, United States

• Recently Renovated Asset in 2016 with Exterior Paint, and Interior Renovations
• Well Built Asset Constructed of Concrete Block

Lead Agent(s):

Price: $ 1,700,000

Total Number of Units: 17

Address: 725 2nd Street North, St. Petersburg, FL 33701, United States

• Well-Constructed 1970s Vintage Concrete Block Structure
• Thirteen Units on Month-To-Month Leases Allowing for Renovations to Begin Immediately
• Current Average Effective Rents are 36% Below Market Comparables
• Property Amenities Include Four Large Storage Rooms, Two Laundry Facilities, and a Large Courtyard

Lead Agent(s):

Price: $ 9,500,000

Total Number of Units: 152

Address: 7301 W University Ave, Gainesville, FL 32607, USA

• Well-Built in 1977 and 1984 of Concrete Block Construction
• Favorable Unit Mix Comprised of 76% Two-Bedroom Units
• Opportunity to Renovate 82 Remaining Standard Units to Receive an Average Monthly Rental Premium of $100
• Spacious Low-Density Parcel

Lead Agent(s):

Price: $ 1,880,000

Total Number of Units: 32

Address: 1641 NE 70th St, Ocala, FL 34479, United States

• Attractive Unit Mix Consisting of 100% 868 Square Foot Two-Bedroom/One-Bathroom Units
• Extensive Renovation Costing More than $259,000 since 2014 which includes Raised Panel Cabinetry, Faux-Granite Countertops, tile flooring and More.
• Well-Constructed Concrete Block Asset
• Located Only 6.3 Miles from FedEx Ground’s New $170 Million Distribution Hub

Lead Agent(s):

Price: $ 375,000

Total Number of Units: 5

Address: 1919 Ricardo Avenue, Fort Myers, FL, United States

• Optimal Unit Mix Consisting of 60% Two-Bedroom Floorplans
• Well Built Concrete Block Construction with Central A/C
• Low Density Community with Future Redevelopment Opportunities
• Significant Upside Through Rental Rate Increases and Loss-to-Lease Recapture

Lead Agent(s):

Price: $ 10,900,000

Total Number of Units: 152

Address: 280 John Knox Road, Tallahassee, FL, United States

• 152 Units Located in Tallahassee, Florida
• 91% of Original Unit Interiors Updated Since 2014
• Extraordinarily Well-Constructed – 88% of Property Built of Concrete Block
• 18 Townhouse Units Built in 2006; All Three-Bedroom/Three-and-One-Half-Bathroom Layouts
• Washer/Dryer Connections and Appliances in 92% of Units

Lead Agent(s):