Recent Closings
A sampling of our recent closings.
MULTIFAMILY |
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Marchi Apartments Listing Agents: Michael Donaldson, Nicholas Meoli Selling Agents: Joe LaFleur, Christopher Minchin
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This is a 37-unit, garden-style, multifamily community located off Wayne Avenue in New Smyrna Beach. The property is located across from the recently renovated New Smyrna Beach Municipal Golf Course and is only five minutes from the Atlantic beaches. New Smyrna Beach is located approximately 20 minutes south of Daytona Beach in Volusia County. The city’s beaches have been considered the premier “weekend getaway” for much of Central Florida given its close proximity to Orlando. Built in 1980, the property consists of six buildings of frame construction resting on approximately 4.2 acres and includes a 1.5 acre fish pond. The property has been recently renovated with upgrades to the units including but not limited to new carpeting, tile flooring, fixtures and windows. Additionally, the buildings have been recently painted and the parking lot was recently resealed and restriped. |
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Temple Terrace Townhomes Listing Agents: Michael Donaldson, Nicholas Meoli, Adam Podbelski Selling Agents: Michael Donaldson, Nicholas Meoli, Adam Podbelski |
Temple Terrace Townhomes is a 24-unit apartment community located in the bustling city of Tampa, Florida. Built in 1980, the complex consists of 12 two-story duplexes constructed of concrete block on the first floor and wood frame on the second floor. The property is comprised in total of 24 two-bedroom/one-bathroom townhome units with approximately 848 rentable square feet. Sitting collectively on approximately 0.84 acres, eight of the duplexes are individually parceled, while the remaining four duplexes are contained on two parcels. Boasting private patios/porches for each unit, additional amenities include central air-conditioning and washer/dryer connections in all units. While pest control is included in the rent, residents are responsible for water, sewer, trash removal and electric utility expenses. |
HOTEL |
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Holiday Inn Listing Agents: Jonathan S. Ruprai, Selling Agents: Chris Gomes, Allan Miller LA Broker of Record – William Hoffpauir |
This is a four-story, 97-room full-service hotel, constructed in 2010. The subject property is located in downtown Hammond at the intersection of Interstate 55 and Interstate 12; I-55 goes from LaPlace, Louisiana at Interstate 10 to Chicago; I-12 is an intrastate Interstate Highway located entirely within Louisiana. The strategic location of the Holiday Inn allows for easy access to both Baton Rouge and New Orleans. |
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Best Western Plus Madison Inn Listing Agents: Jonathan S. Ruprai, Dennis Hopper Selling Agents: Jonathan S. Ruprai, Dennis Hopper |
The Best Western Plus is a three-story, 58-room, interior corridor limited service hotel located in Madison, Florida. The hotel was constructed in 1996 as a Holiday Inn Express and underwent a thorough renovation in 2010, becoming a Best Western Plus in mid-February of 2011. Since the conversion, revenue has increased year over year. The subject property is situated directly off of I-10 near I-75, and only a short drive from Tallahassee, FSU, Florida A & M University, North Florida Community College and Jacksonville. It is located against the Georgia border just south of Valdosta. Kayak tours, nature trails and scuba diving trips are all available less than 25 miles away at Lafayette Blue Springs State Park. |
SELF STORAGE |
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Gandy & 4th Street Storage Listing Agents: Michael A. Mele Selling Agents: Michael A. Mele
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Gandy at 4th Street Storage is located at 10111 Gandy Boulevard in St. Petersburg, Florida. Constructed in 2007, the facility is situated on approximately 3.54 acres and consists of 720 units for a total of 71,100 net rentable square feet. The property sits on Gandy Boulevard in close proximity to the St. Petersburg/Clearwater Airport and centrally located in the Tampa Bay MSA. Gandy Boulevard has strong daily traffic counts of approximately 48,600 per day. The subject property is conveniently located in St. Petersburg which is found in Pinellas County, part of the desirable Tampa Bay MSA. According to the 2013 demographic report, the population within five miles of the subject property is 127,336 with an average household income of $63,286. |
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Doral Self Storage Listing Agents: Michael A. Mele Selling Agents: Michael A. Mele |
Doral Self-Storage presents a great opportunity to invest in a stabilized, cash flowing self-storage facility located in the highly desirable primary market of Miami, Florida. This facility consists of 611 units for a total of 57,240 net rentable square feet. Units range in size from 15 square feet to 300 square feet and there are thirteen rentable parking spaces. All units are located on the ground level for easy drive-up access and hassle-free unloading from the driveways. The perimeter is entirely fenced and surveillance cameras are prevalent throughout the property. Access is only granted through electronic keypad entry, guaranteeing secure storage. Doral Self Storage features an on-site rental office and a second-story apartment that allows for easy and efficient on-site management and additional income generated through moving supply sales. The three large storage buildings were built in 1986 with formidable cement and concrete block construction. |
