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.

fountainFountain Villa Apartments

Location: Hawthorne, Calif. 

Price: $12.1 million

Acreage: 38,971 SF

Total SF: 46,088

Units: 72

Features: 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. 

Contact: Steffan Braunlich, Berkadia, 424-239-5903

ariumArium Shelby Farms

Location: Memphis, Tenn. 

Avg. Rent: $696

Units: 1,037

Avg, Unit Size: 911 SF

Rentable SF: 944,293

Features: Located three miles from Germantown Parkway, the largest retail corridor in Memphis; significant upside available through interior upgrades; close proximity to county park.

Contact: Blake Pera, ARA Newmark, 901-260-1156


aeriesAeries Townhomes

Location: Scottsdale, Ariz.

Price: $1.7  million

Acreage: .84 

Lot SF: 36,750

Units: 16

Features: 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: Patrick Burch, ABI Multifamily, 602-344-9197

campus (2)Campus East Apartments

Location: Greensboro, N.C.

Price: $2.2 million

Price/Unit: $61,111.11

Building Size: 40,500 SF

Units: 36

Features: 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: Mike Fowler, Brown Investment Properties, 336-541-5514

staten17-19 St. Marks Place

Location: Staten Island, N.Y.

Price: $1.3 million

Price/Unit: $233,333.17

Building Size: 5,390

Units: 6

Features: 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. 

Contact: Christopher Long, Gateway Arms Realty Corp., 718-273-3800

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