On the Market: 5 Interesting Listings for the Week of 2/13
This week's listings include a Phoenix community with a modern architectural silhouette and a vintage Boston brownstone.
On the Market is a weekly department curating the most interesting recent for-sale CRE assets. If you have a commercial real estate asset that you’d like to share with our readers, please email it to Associate Editor Mallory Bulman.
Location: Oakland, Calif.
Price: $5.9 million
Price/Unit: $428,214.29
Building Size: 17,439Â SF
Units:Â 14
Features:Â Unit mix consists of one-,two-, and three-bedroom units; built in 2010; rooftop deck; one parking space per unit; below-market rents; individual metering for water; ideal for condo conversion; located walking distance from dining, retail and commercial amenities and one block from Emeryville Business District.
Contact:Â Shivu Srinivasan, NAI Northern California, 510-244-3703
Location:Â Boston, Mass.
Price: $4 million
Units:Â 9
Features: Brownstone with outdoor space; value-add potential in high barrier to entry market; located in heart of South End, one of Boston’s most sought-after areas; convenient access to public transportation, restaurants and universities like Northeastern, Berklee College of Music and Emerson College.
Contact:Â Jason Weissman, Boston Realty Advisors, 617-375-7900 x208
Location:Â Miami Beach, Fla.
Price: $4.5 million
Price/Unit: $249,944.44
Building Size: 10,243 SF
Units:Â 18
Features:Â Unit mix of 12 one-bedroom and six studio apartments; 2013 renovations include structural repairs, new roofing, flooring, wall framing, mechanical, electrical and plumbing systems; new finishes include floors, walls, ceilings, kitchens, baths and fixtures; every unit fully furnished; amenities include laundry facilities and parking.
Contact:Â Neal Deputy, the Keyes Company, 305-467-4026
Location: Richmond, Va.
Price: $10.5 million
Price/Unit: $159,090.91
Building Size: 48,700Â SF
Units: 66
Features:Â Unit mix of one-, two- and three-bedroom apartments; open floor plans with modern finishes; unit amenities include granite countertops, polished concrete floors, natural light and state-of-the-art appliances; convenient access to routes 195, 95 and 64.
Contact:Â Christopher Chadwick, Marcus & Millichap, 202-536-3738
Location: Phoenix, Ariz.
Price: $3.7 million
Price/Unit: $162,391.30
Building Size: 17,467Â SF
Units: 23
Features:Â Recent renovations; unit mix of one one-bedroom and 22 two-bedroom apartments ranging in size from 549 to 769 square feet; exterior renovations include new paint scheme, resurfaced pool with new lounge furniture, grilling station and parking lot; convenient access to freeway and transit networks; located within close proximity to Midtown and Downtown corridors.
Contact:Â Brian Smuckler, CBRE, 602-735-5688
