Cushman & Wakefield, as exclusive advisor, is pleased to present an exceptional investment opportunity to acquire IMT Florida Club – a 264-unit, value-add residential asset located in Boynton Beach, Florida. Situated on over 17.5 acres, IMT Florida Club offers a mix of one, two and three-bedroom units with a market leading average unit size of 1,143 square feet. Developed in 2001, the property has been impeccably maintained and is positioned for a future investor to modernize the interiors by implementing an in-unit renovation program. With an average occupancy rate of almost 96% over the last 12 months, there is an opportunity to push rents allowing a new owner to further enhance their returns on an asset with an already proven cash flow stream.
University Villa at Ironwood offers its residents four spacious floor plans, a resort-style pool and spa, clubhouse, 24-hr fitness center, 24-hr conference room, computer lab and study lounge, 24-hr theater room, basketball court, sand volleyball court, three 5-burner stainless steel barbecues and covered parking.
A major attraction to potential and existing residents of University Villa at Ironwood are the two private shuttles owned and operated by the property that provide free access to both University of Arizona and Pima Community College.
Unit interiors at University Villa at Ironwood include amenities such as washer/dryers, private patios or balconies, large walk-in closets in select units, 42" flat screen TV in living rooms and HD digital cable/internet ready.
This is a unique opportunity to purchase a ±9.29 acre infill Tempe development site located at the southeast corner of Rio Salado Parkway and Price Road in Tempe, Arizona. The site is positioned between two outdoor destination shopping centers, Tempe Marketplace and Mesa Riverview, with immediate access to the Loop 101 and 202 freeways, Sky Harbor International Airport and the rest of the Valley.
Arizona State University (ASU) is approximately two miles from the site, and Downtown Tempe/Mill Avenue, with its many dining, shopping and entertainment options, is approximately three miles. Downtown Tempe is one of the strongest and most actively developing submarkets in the entire Phoenix Metro area.
Plantation at Walden Lake is a 352-unit, garden apartment community located in Plant City, Florida. The property was constructed in phases from 1990-1994, consisting of 23, two-story apartment buildings situated on 43+ acres. The Property offers a mix of well-appointed one-, two- and three-bedroom apartments along with a comprehensive array of recreational and community amenities.
Plantation at Walden Lake has had the benefit of attentive, professional management and the property is in excellent physical condition. During the past 3 years, the seller has invested $1.8 million in capital improvements, including community amenity enhancements and interior updates to 43 (12%) of the units. The significant number of un-renovated units positions Plantation at Walden Lake as an exciting value-add investment opportunity.
Cushman & Wakefield is pleased to present a unique opportunity to purchase a ±2.0 acre, high density multifamily development site in Phoenix's rapidly transforming Central Corridor. This rare site is located along the Valley Metro Ligh Rail, with a station within walking distance of the property.
Phoenix's urgan revival has transformed the Central Corridor into a 24-hour live-work-play environment with new residential and trendy restaurants, coffee houses and bars. The area has been influenced by anchor cultural, educational, research, sports and healthcare institutions, including Arizona State University's downtown campus and the 1.5 billion dollar Phoenix Biomedical Campus.
The opportunity consists of eight parcels with a combined total of ±86,095 square feet of developable land on the northeast corner of Central Avenue and Columbus Avenue. This transit oriented development site is bound by three streets and provides for intense densities and height.
Please contact one of the brokers listed on this page to discuss or schedule a tour.
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 230-unit Villas at West Ridge apartment community located in high-barriers west suburban Atlanta, Douglas County, Georgia. Douglas County is projected to grow by 70% during the next 20 years, a rate more than double that forecast for the Atlanta MSA. Built in 2003 by Davis Development, one of the Southeast’s premier apartment developers, Villas at West Ridge offers proximity to prolific employment centers and proven value-add potential.