On the Market: 5 Interesting Listings for the Week of 2/20

This week's listings include an unfinished luxury condo community in Florida and a charming three-unit property in the heart of Charleston, S.C.

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.

The Grove on 37th

Location: Phoenix, Ariz.

Year Built: 2017

Building Size: 11,610 SF

Units: 7

Features: All units have two stories and three-bedroom/two-and-a-half-bathroom floor plans; unit mix consists of six units with 1,680 square feet and a two car-garage, and one unit with 1,530 square feet, a one-car garage and one designated outdoor parking space; utility costs are metered for each unit; central location between Scottsdale, Tempe, Arcadia District and Camelback Corridor; property located down the street from shopping centers with Walmart, Home Depot, Walgreens, Planet Fitness, Fry’s, Target and Costco; freeway access to Loop 202 available less than two miles from property.

Contact: Bill Hahn, Colliers International, 602-222-5105

crestview-800x620Crest View Apartments

Location: Colorado Springs, Colo.

Price: $17 million

Price/Unit: $89,473.68

Building Size: 155,697 SF

Units: 190

Features: Lot size of 440,827 SF; unit mix of studio, one-bedroom, two-bedroom and three-bedroom apartments; units have private patio or balcony; located near Motor City and I-25 and in close proximity to Fort Carson, Cheyenne Mountain, Peterson Air Force Base and Downtown Colorado Springs; community amenities include clubhouse with gym, on-site laundry, 308 parking spaces, playground and dog park.

Contact: Jules Hochman, Pinnacle Real Estate Advisors, 303-962-9533

707 Meeting St. 

Location: Charleston, S.C.

Price: $1.7 million

Price/Unit: $598,333.33

Building Size: 5,216 SF

Units: 3

Features: Three luxury downtown units within two buildings consisting of one large single unit and a duplex unit; units each have four bedrooms and three-and-half baths in a total of 5,216 square feet; ample parking and access to Meeting and Romney Streets in North Central neighborhood; located in close proximity to large technology companies and restaurants.

Contact: Jason Pee, REMAX Elite, 843-532-0128

Pine Key Condominium Resort

Location: Cape Coral, Fla.

Price: $7.9 million

Price/Unit: $81,377.55

Building Size: 122,352 SF

Units: 98

Features: Under-construction property with 42 existing units and 56 future units on seven shovel-ready building pads; current unit mix consists of 22 two-bed/two-bath units on the first floor encompassing 1,224 square feet each and 20 two-bed/two-bath units on the second floor taking up 1,274 square feet each; amenities include a lagoon-style pool, 2,000-square-foot clubhouse, exercise room, gathering room and kitchen, trellised barbecue areas, a 10-person spa, and shaded outdoor sitting areas, among others; nearby attractions include the Cultural Park Theatre, Cape Coral Art League, Four Mile Cove Ecological Preserve and Sun Splash Family Waterpark.

Contact: Gary Tasman, Cushman & Wakefield Commercial Property Southwest Florida, 239-489-3600

6024 Fayette St.

Location: Los Angeles, Calif.

Price: $5.6 million

Price/Unit: $466,666.67

Building Size: 9,322 SF

Units: 12

Features: Fully renovated, non-rent controlled property in Highland Park neighborhood; community amenities include landscaped common area with barbecue, picnic tables, patio furniture and an enclosed pet spa; unit mix consists of eight two-bedroom/two-bathroom and four three-bedroom/two-bathroom apartments, all with new recessed lighting, designer finished and new appliances including washers and dryers; property is located minutes north of Downtown Los Angeles, east of Pasadena, west of Burbank and Glendale, and within close proximity to public transportation, freeway access, restaurants, retail and entertainment.

Contact: Barry Gordon, Marcus & Millichap, 213-943-1820


All images courtesy of respective broker or brokerage firm. 

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