Cushman & Wakefield, as exclusive advisor, is pleased to present Worthington Court, a 152-unit value-add garden community in New Port Richey, Florida. Completed in 1985, the property sits on over 13 acres, providing a low density setting of only 11 units per acre. Worthington Court's location within New Port Richey is ideally located and central to some of the largest metros in Florida including Orlando, Tampa and Pasco County. The property has frontage with over 42,000 VPD and minutes from major retail, Medical Center of Trinity, and the Veteran’s Expressway providing a 30-minute commute to Tampa.
The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the 108-unit Tealwood Parke Apartments community located in Winter Park, Florida.
Cushman & Wakefield, as exclusive advisor, is pleased to present The Park at Via Roma, a 288-unit value-add multifamily community in Daytona Beach, Florida which has received over $2.8 million in recent capital improvements.
Mariners Village is a 244-unit apartment community located on Indianapolis’ suburban west side just outside of Indianapolis’ interstate loop. The property sits on a tranquil 60-acre springfed lake which offers scenic views from the property’s pool, deck, and from a number of units. Built in 1978, the community consists of fourteen residential buildings and a clubhouse, situated on almost 16 acres.
Mariners Village offers a variety of unit types, including 40 studio units in two floor plans (20 with popular lofts); 102 one-bedroom units (34 with lofts), and 102 two-bedroom units (34 with lofts). Unit features vary by type but include generous floor plans, private patios or balconies, kitchen pantries and large closets.
Community amenities include the clubhouse with community room, fitness center and saunas; the swimming pool with a large deck overlooking the lake, a jogging/walking path, dog park, picnic areas, laundry facilities on the first and second floor of every hall, and available covered parking.
Cushman & Wakefield, as exclusive marketing advisor is pleased to present The Palms, a garden-style apartment community consisting of 340 units located in Davie, Florida. Completed in 1998 and set within a low density setting of 9 units per acre, the property features a mix of one, two and three-bedrooms with an average unit size of 987 square feet. The Palms’ Central Broward location, with direct access and exposure to I-595 (144,000 cars daily) allows it to benefit from the recently completed commuter infrastructure project with access to Plantation’s Midtown Business District, Sawgrass Corporate Park, Fort Lauderdale CBD, South Florida Education Center, Fort Lauderdale International Airport, and Port Everglades. Residents also benefit from access to A-rated public schools. The Palms has undergone renovations to 75% of its units and has been achieving premiums of $175. A future investor will be able to continue these renovations, as well as, further enhance the in-unit finish levels and generate additional income potential exceeding $445,000 per year.