On the Market: 5 Interesting Listings for the Week of 2/6
- Feb 10, 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.
Twenty on Merritt
Location: Boulder, Colo.
Price: $10.7 million
Building Size: 23,360 SF
Features: Unique community of 20 modern micro homes; each home features a private entrance, gated landscaped yard and new renovations; renovations conducted in 2016 include updated exteriors and interiors, new windows, HVAC systems, kitchens appliances and bathrooms; property is 100 percent leased through July 2017; located in close proximity to restaurants, breweries, the Foothills Hospital, bike trails, a golf course, coffee shops and more; situated east of Central Boulder but close to Downtown.
Contact: Monica Van Matre, Prudential Rocky Mountain Realtors, 303-358-0336
2121 Long Beach Blvd.
Location: Long Beach, Calif.
Price: $1.4 million
Building Size: 6,688 SF
Features: Vintage asset built in 1928; unique Spanish architecture; unit mix consists of seven studios, three one-bedroom/two bath units, and one three-bedroom/two-bath unit; separately metered for gas and electricity; three one-car garages and one two-car garages in addition to parking spaces; located within walking distance from shops, restaurants, cafes, entertainments centers and grocery stores.
Contact: Kevin King, Marcus & Millichap, 562-257-1200 x 1246
MODE Biltmore @ 27th Street N.
Location: Phoenix, Ariz.
Price: $3.5 million
Building Size: 15,626 SF
Features: Developed in 1966 and 1970 but renovated in 2016; unit mix comprised of 20 two-bedroom/one-bathroom units; unit amenities include onsite laundry, new stainless steel appliances and walk-in closets in select units; community amenities include a gated area with a swimming pool, outdoor grilling station and outdoor seating; all apartments have covered parking and private patios; property is located close to Valley freeway system, the Biltmore, Camelback Corridor and Downtown Phoenix.
Contact: Chad Barber, Vestis Group, 602-281-6202 x 5
299 La Brea St.
Location: Laguna Beach, Calif.
Price: $3.5 million
Building Size: 3,037 SF
Features: Property consists of two townhouses with ocean views; each townhome has three bedrooms, and one home has one bathroom while the other has two; amenities include gourmet kitchens and outdoor living spaces; located six blocks from shops and restaurants and within a short distance to downtown.
Contact: Sheila Marsh, Coldwell Banker, 949-300-01818
Curve at River Road
Location: San Marcos, Texas
Building Size: 102,180 SF
Occupancy: 91 percent
Features: Property consists of 29 buildings on a landscaped 2.4-acre site; recent $2.6 million renovation; each 873-square-foot unit consists of two bedrooms and one-and-a-half baths and includes a full-size washer and dryer; located less than two miles from Texas State University and within a short walk from a campus shuttle stop, within minutes from San Marcos River and River City Park, and 5 miles from San Marcos Outlet Malls, one of the area’s largest employers.
Contact: Forrest Bass, HFF, 512-532-1964