Just Reduced $100,000! Sycamore Apartments is a 32-unit apartment community located in the city of Titusville, Florida, which is in Brevard County. Built in 1965, the property was extensively renovated and completed in the last six months. Once the renovations were completed, the property was well-positioned for rapid lease-up due to its geographic advantages. The south Titusville location will ensure the property enjoys stable occupancy, strong rental rates and capital appreciation as the overall market and economy continues to improve. The property is a two story concrete block structure with painted stucco. The apartment building features interior block walls, new A/C and heat wall units, new kitchens and bathrooms, appliances, new plumbing and electrical reconfiguration, and interior renovations. The unit mix consists of 31 one-bedroom and one-bathroom units with approximate size of 425 rentable square feet, 1 two-bedroom unit and one bathroom units with approximate size of 850 square feet.Presently, the units are being rented for $450 to $475, which are current market rates. Call or email to receive investment report.
Coquina Court Apartments is a 20-unit community located in Titusville, Florida. The property consists of one building made of concrete block that was constructed in 1969. The unit mix is comprised of 12 two-bedroom/one-bath units and eight one-bedroom/one-bath units.
This is a 112,500 sf facility to be constructed which should have 130 -140 units available as an ALF or 28 Luxury condominiums. We would consider a joint venture or a completed sale or a sale leaseback. The roof will be allocated as secured garden space.