On the Market: 5 Interesting Listings for the Week of 12/5

This week's listings include a Mediterranean-style town home community and an Indianapolis property located on a 60-acre lake.

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 Mallory Bulman, Associate Editor.

thamesYachting Village

Location: Newport, RI

Price: $3.7 million

Price/Unit: $615,666.67

Building Size: 7,405 SF

Units: 6

Features: New construction; six two-bedroom units; 12 off-street parking spaces; zoning allows for short-term rentals; walking distance to downtown attractions.

Contact: Brian W. Clark, WR Commercial Real Estate, 401-301-9002

lexingtonThe Lexington

Location: Biloxi, Miss.

Price: $12.2 million

Price/Unit: $64,421.05

Building Size: 153,667 SF

Units: 190

Year Built: 1995

Features: Located in desirable area of Biloxi, Miss., near the intersection of Interstate 10 and Highway 49, Edgewater Mall, Gulf Coast Community College, The Beau Rivage and Hard Rock Cafe casinos and Keesler Air Force Base.

Contact: Andrew Agee, SVN Commercial Real Estate Advisors, 256-653-0065


marinerMariners Village

Location: Indianapolis, Ind.

Price: $7.2 million

Price/Unit: $29,508.20

Building Size: 249,454 SF

Units: 244

Year Built: 1978

Features: Located just outside the interstate loop on a 60-acre spring-fed lake which is visible from the pool, deck and some apartment units; community consists of 14 residential buildings and a clubhouse situated on 16 acres; unit types include 40 studio units in two floor plan options, 102 one-bedroom units and 102 two bedroom units; select number of units of each type include a loft; community amenities include a clubhouse with community room, fitness center with saunas, swimming pool with large deck overlooking the lake, jogging and walking path, dog park, picnic areas, laundry facilities on the first and second floor of every building and covered parking.

Contact: Duke Hardy or Hannah Ott, Tikijian Associates, 317-578-0088

peachtree3649 Peachtree Rd. 

Location:Atlanta, Ga.

Price: $22 million

Price/Unit: $1,294,117.65

Building Size: 36,465 SF

Units: 17

Year Built: 1965

Features: Contains 17 condo units; well-suited for redevelopment; located directly on Peachtree Road in Buckhead, half a mile from GA 400 and 3 miles from I-85; Lenox Square and Phipps Plaza are within walking distance.

Contact: Rick DeLisle, NationWide Real Estate Group, Inc., 404-630-1530

sorano1The Sorano Town Homes

Location: Dallas, Texas

Price: $6.4 million

Price/Unit: $376,470.59

Building Size: 42,646 SF

Lot Size: 32,500 SF

Units: 17

Year Built: 2008

Features: Mediterranean style gated town home community; each town home consists of four stories, two or three bedrooms, open living and dining areas, a large master suite, fourth-floor rooftop patio and an attached two-car garage; located in the heart of Oak Lawn; currently 94 percent leased.

Contact: Fisal Halum, Briggs Freeman Sotheby’s Int’l Realty