On the Market: 5 Interesting Listings for 12/12-19

This week's for-sale listings include two well-preserved '60s-era assets and a modular six-townhome community under construction near Florida's Hollywood Beach.

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.

rivers edgeRivers Edge Apartments

Location: Yuba City, Calif.

Price: $39.7 million

Price/Unit: $230, 546.51

Building Size: 205,058 SF

Units: 172

Features: New construction; luxury finishes; designed for low maintenance and longevity; located a 45-minute drive from Sacramento, the state capital, and 35 minutes to Sacramento International Airport.

Contact: John Ochipinti, Aztec Real Estate & Developers, 530-674-2370


 

parksideParkside Place

Location: Hollywood, Fla.

Price: undisclosed

Building Size: 11,112 SF

Units: 6

Year Built: under construction/proposed as of 2016

Features: Six town homes each consisting of 1,852 SF; all units have three bedrooms and three bathrooms; amenities include 475-SF rooftop terraces with hot tub and BBQ area; located blocks from Hollywood Young Circle, a five-minute drive to Hollywood Beach, and within close proximity to the CBD and Downtown Hollywood.

Contact: Rafael Fermoselle, Avion Young, 305-299-4136


cambridgeCambridge Manor Apartments 

Location: Milwaukee, Wis.

Price: $4.3 million

Price/Unit: $107,500

Building Size: 26,734 SF

Units: 40

Year Built: 1929

Features: Located in desirable east side of Milwaukee, one block north of Brady Street business district; current ownership renovated vintage asset with new kitchens and baths and new windows in all units, and base improvements to the building; upgraded units offer turn-key investment in underserved market.

Contact: Matson Holbrook, MBH Investment Real Estate, LLC, 414-367-7748


 

campusCampus Club

Location: Denver, Colo.

Price: $6.9 million

Price/Unit: $173, 750

Building Size: 21,674 SF

Units: 40

Year Built: 1967

Features: Mix of one- and two-bedroom units with mountain views; 20 spaces of off-street parking; onsite laundry; secured entry; landscaped courtyard; located one block from the University of Denver campus, within walking distance of light rail station and a 10-minute drive to downtown Denver, Cherry Creek and Denver Tech Center; Bike Score of 88.

Contact: Kyle Malnati, Calibrate Real Estate, LLC, 303-358-4250


 

jolynThe Jolyn Apartments

Location: South Pasadena, Calif.

Price: $10.6 million

Price/Unit: $352,500

Building Size: 27,203 SF

Units: 30

Year Built: 1961

Features: Unit mix includes more than 50 percent townhouse-style units and 50 percent oversized traditional layouts; unix mix consists of 11 two-bedroom/one-and-a-half-bath two-story townhouses, three two-bedroom/one-bathroom units, seven one-bedroom/one-and-a-half-bath two-story townhouses, four one-bedroom/one-bathroom units and five bachelor units with separate kitchen areas; all floorplans offer private patio or balcony; community amenities include a pool, laundry facility, elevator access, pond and fountain.

Contact: Kristopher German, RE/MAX Commercial, 909-294-2593