On the Market: 5 Interesting Listings for the Week of 2/27
- Mar 03, 2017
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.
River Rock Apartments
Location: Mishawaka, Ind.
Price: $21 million
Building Size: 80,000 SF
Features: Community amenities include 24-hour emergency maintenance service, a barbecue/picnic area, bike racks, a business center, gated/controlled access, covered parking, a fitness center, a furnished and landscaped courtyard; apartment amenities include air conditioning, views of the St. Joseph River, dishwashers, large closets, washer/dryers, patio or balcony and pets allowed; unit mix consists of one-, two- and three-bedroom apartments; located in close proximity to the University of Indiana, the medical center and Notre Dame University.
Contact: Ariel Marini, 312-607-5405
1428 W. Balmoral Ave.
Location: Chicago, Ill.
Price: $1 million
Features: Vintage asset built in 1901; unit mix consists of three three-bedroom/one-bathroom units; property amenities include enclosed back porch, full unfinished basement with eight-foot ceilings; unit amenities include original wood mouldings, trim, handrails and built-in hutches; located in heart of Andersonville neighborhood within half a block from Clark Street and close to transportation.
Contact: Jerome Ettinger, Hallmark & Johnson Commercial Real Estate Services, 847-982-3200
Location: Glendale, Ariz.
Building Size: 59,525 SF
Features: Located west of 43rd Ave. in Glendale; unit mix consists of 54 one-bedroom/one-bathroom and 32 two-bedroom/two-bathroom; unit amenities include large floor plans, dishwashers and walk-in closets; community amenities include a swimming pool and lounge area, on-site laundry, barbecue and picnic areas and a standalone management and leasing office; current ownership invested more than $550,000 in capital improvements including new appliances, tile flooring, resurfaced countertops, electrical panels, foam roofs, upgraded HVAC and air handlers, exterior paint, landscaping and more.
Contact: Jim Jones, The Jones Group, 480-609-0772
Location: Whitman, Mass.
Price: $8.9 million
Building Size: 35,000 SF
Features: Fully occupied community consisting of 24 three-bedroom townhomes situated on 10 acres; unit amenities include hardwood floors on the first floor, granite countertops, central air, full basements and back deck; located two miles from Whitman MBTA station and a 10-minute drive to the nearest highway.
Contact: Stephen Egan, Egan Realty Group, 781-799-4142
The Carlton @ Hollywood
Location: Hollywood, Calif.
Price: $4.1 million
Building Size: 8,618 SF
Features: Newly renovated property located in the heart of Hollywood; unit mix consists of five one-bedroom/one-bathroom units and five two-bedroom/two-bathroom units; extensive remodel conducted in 2016 includes new copper plumbing, copper wiring throughout, new recessed lighting, built-in speakers in every unit, central air, upgraded kitchens with quartz countertops and new appliances, redesigned bathrooms with new fixtures and paint, and a new exterior facade; located within walking distance of The Emerson College, Sunset Bronson Studios, Sunset Gower Studios, The W Hotel Hollywood, The Hollywood Palladium, The Archlight Theater and many restaurants and entertainment venues.
Contact: Silvia Manukian, Strategic Legacy Realty, 818-903-1209
All images courtesy of respective brokerage firms.