On the Market: 5 Interesting Listings for the Week of 7/17
This week's listings include a historic property in Staten Island and a speculative condo development deliverable with full entitlement in Scottsdale, Ariz.
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.
Fountain Villa Apartments
Location:Â Hawthorne, Calif.Â
Price: $12.1 million
Acreage: 38,971 SF
Total SF: 46,088
Units: 72
Features:Â Amenities include a pool, spa, outdoor seating and a grilling area; community consists of 11 studios, 50 one-bedroom/one-bathroom, 11 two bedroom/one-bathroom and one two-bedroom/two-bathroom units; units range in size between 500 and 800 SF; security features include gated parking, controlled access and video surveillance.Â
Contact:Â Steffan Braunlich, Berkadia, 424-239-5903
Arium Shelby Farms
Location:Â Memphis, Tenn.Â
Avg. Rent: $696
Units: 1,037
Avg, Unit Size: 911 SF
Rentable SF: 944,293
Features:Â Located three miles from Germantown Parkway, the largest retail corridor in Memphis; significant upside available through interior upgrades; close proximity to county park.
Contact:Â Blake Pera, ARA Newmark, 901-260-1156
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Aeries Townhomes
Location:Â Scottsdale, Ariz.
Price: $1.7Â million
Acreage:Â .84Â
Lot SF:Â 36,750
Units: 16
Features:Â 16 unit luxury condo opportunity; deliverable with full entitlements and product design; three large floorplans with attached garages; located one mile from Scottsdale Fashion Square and Scottsdale Entertainment District.
Contact:Â Patrick Burch, ABI Multifamily, 602-344-9197
Campus East Apartments
Location:Â Greensboro, N.C.
Price: $2.2 million
Price/Unit: $61,111.11
Building Size: 40,500 SF
Units: 36
Features:Â Student housing with 144 beds; each unit has four bedrooms and four private baths as well as washers and dryers; gated entry and on-site security cameras; on-site management team and 24-hour on-call emergency maintenance.
Contact:Â Mike Fowler, Brown Investment Properties, 336-541-5514
17-19 St. Marks Place
Location:Â Staten Island, N.Y.
Price: $1.3 million
Price/Unit: $233,333.17
Building Size: 5,390
Units: 6
Features:Â Historic landmarked property located in St. George neighborhood in Staten Island; located a few blocks from the Staten Island Ferry, Future Empire Outlets, the Lighthouse Museum and Downtown Staten Island; three-story walk-up with hardwood floors, high ceilings and spacious units; all units individually metered; apartments are fully occupied.Â
Contact:Â Christopher Long, Gateway Arms Realty Corp., 718-273-3800
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