PLEASE PRINCIPLES AND BUYERS ONLY. BUSINESS MODEL DOES NOT ALLOW TO WORK WITH BROKERS. PLEASE INQUIRE FOR CORRECT PICTURES AND ADDRESS.
Price Upon Req.323,093 SF
**Property tours are available by appointment only. Tours are scheduled for November 20th, 21st, 24th, 25th, and December 1st from 10a - 4p. Please contact Deme Mekras at firstname.lastname@example.org 786-208-2684 or Elliot Shainberg at email@example.com 917-992-6189 to schedule.Auction.com and Franklin Street Real Estate Services are pleased to present the opportunity to acquire the Grand Lake Apartments located in Belle Glade, FL. The complex is a 384 unit / 31 building, completely gated apartment rental property with beautiful lake views in Palm Beach County. The property was constructed in 1989-1991 of wood frame with brick veneer and pitched wood roofs having composite shingle cover. The current owner substantially rehabilitated the property in 2013. The unit mix consists of forty one 1 Bed 1 Bath units, one hundred ninety one 2 Bed 2 Bath units, one hundred thirty six 3 Bed 2 Bath units and sixteen 4 Bed 2 Bath units totaling 323,039 SF of livable space. Amenities include tennis and basketball courts, a football and soccer field, volleyball courts, community pools, a community lake, an onsite daycare, a children's playground, and a lakefront clubhouse.
Principals, please use the "Contact Listing Broker" button in the upper right corner to message the owner for more information. This solidly built concrete block two story apartment property features a contemporary design/color scheme, low maintenance landscaping, and none of the deferred maintenance issues that typically plague Daytona multifamily listings at this price point. It consists of 12 one-bedroom apartments (roughly 550 square feet each), 1 two-bedroom apartment (roughly 750 square feet), and 1 storage/maintenance/laundry room (roughly 300 square feet pre-plumbed for conversion to a coin-operated laundry) on a 100' wide x 140' deep lot one block south of Daytona's Main Street/Boardwalk and one block west of Daytona's world famous beach along the newly redeveloped A1A strip. Each apartment is all electric and has central AC/heat. Tenants pay for electricity, phone, cable TV, and internet while the landlord pays for municipal water/sewage/garbage service. No rent concession or free rent is given as rents are already below the Beachside Daytona median according to the nationwide website "Rentometer". The property is free of debt. Owner financing is not available.
Southern Gardens Apartments contains 84 rental units built in two phases. Initially, Phase I was constructed in 1982 and Phase II was completed in 1987. The complex is comprised of 22 rental buildings, 1 one story maintenance shop and 1 one story office building distributed over 8 acres. The buildings are wood frame construction, with a brick veneer, in an array of exterior styles. Southern Gardens provides a favorable unit mix of 15 one bedroom units and 69 two bedroom units. Units range in size from 725 to 875 square feet, with one bedroom units currently renting for $550/month and two bedroom units currently renting for $650/month. All apartments include fully appointed electric kitchens and private patios. There is also an on-site central laundry facility that generates additional income. The property's Tenants pay all utilities for their respective apartment.
Property consists of two, facing, two-story buildings with private courtyard between and dedicated off street parking. Spacious units with nice floor plans. Units rent very easily. Property is also a good candidate for condominium conversion or for building a new residential project directly on the golf course. Current rents are 15-20% lower than market due to long time tenants.
Price Upon Req.98,540 SF
Town Park Villas is a 66 out of 81 unit fractured townhome community, located within the Temple Terrace submarket of Tampa, which is within Hillsborough County, Florida. The property is situated on Gibson Avenue, which is located off North 56th Street, between East Fletcher Avenue and East Fowler Avenue. Built in 2008 and 2009, Town Park Villas is situated on a generous 3.99 +/- acre site, and is comprised of 12 three-story masonry and wood frame constructed buildings. The property offers a competitive advantage by providing newly constructed three-story townhomes with the largest floorplans in the submarket that conveniently feature fully equipped kitchens with attractive stainless steel or black appliances, private balconies, garden-style tubs, washer/dryers in each unit, and private one or two car garages. Town Park Villas offers a variety of spacious, open floorplans consisting of (29) three-bedroom/ three-and-one-half bathroom townhomes with 1,230 rentable square feet, (18) three-bedroom/ three-and-one half bathroom townhomes with 1,616 rentable square feet, and (19) four- l bedroom/three-and-one-half bathroom townhomes with 1,778 rentable square feet.
Ava Kay Townhomes is a 64 unit out of 68 unit Class-B townhome community located in beautiful Panama City, which is within Bay County, Florida. The property is situated on Nellie Street with frontage on major east/west thoroughfare, Wewa Highway, which offers connectivity to the entire Panama City MSA, downtown area, and world famous gulf coast beaches. Built in 2007, Ava Kay Townhomes is situated on an attractive 4.54 +/- acre site, and is comprised of 17 two-story residential buildings. The property also offers a competitive amenity package, which includes, but is not limited to, additional storage, children' s playground, large picnic area with barbecue grills, and serene wooded views. The unit interiors also feature washer/dryer connections in all units, fully equipped kitchens with dishwashers and microwaves, ceiling fans, spacious walk-in closets, and private patios or balconies. Ava Kay Townhomes offers a variety of spacious, open floorplans consisting of entirely three-bedroom/two-bathroom units with 1,294 rentable square feet.
Stabilized Residential Income - 4 Multifamily, 15 doors. 1. Triplex in Hollywood. 2. Fourplex in Hollywood 3. Triplex in Sunrise 4. Fourplex + Additional Studio in Miami. NOI: $152,600 CAP: 9.00% All Properties are rented, with 1 year lease agreements and security deposits. 33% of the Units have tenants subsidized by Section 8 or Salvation Army. All tenants are current with their rents. All properties are recently renovated including granite counter top in most of the Units, Tile floors, Wooden cabinetry, Working and in good condition Electrical Appliances, Working and in excellent conditions A/C, Freshly Painted, Fans in the bedrooms, among others. Please see file attached
MAKE AN OFFER. 2 MULTI FAMILY AND RETAIL IN PRIME LOCATION. OVER 22,000 SQ WITH 100% LEASE. INQUIRE FOR RENT ROLLS AND EXPENSES. WELL MAINTAINED.
Price Upon Req.13,375 SF
Florida Condominium Bankruptcy Auction Friday, December 12th For the Northern District of Florida (Tallahassee Division) | Case No.: 14-40483-KKS Adams Street Lofts, LLC 420 North Adams St., Tallahassee, FL (17) Remaining Upscale Loft Condos with Balconies "Selling to Highest Bidder" " 3 BR / 1 BR " 95% Leased " Granite countertops " 14' Ceilings" Stainless Appliances " Covered Parking" Convenient, Exciting Urbanism Lifestyle