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: Phoenix, Ariz.
Year Built: 2017
Building Size: 11,610 SF
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
Location: Colorado Springs, Colo.
Price: $17 million
Building Size: 155,697 SF
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
Location: Charleston, S.C.
Price: $1.7 million
Building Size: 5,216 SF
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
Location: Cape Coral, Fla.
Price: $7.9 million
Building Size: 122,352 SF
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
Location: Los Angeles, Calif.
Price: $5.6 million
Building Size: 9,322 SF
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.