On the Market: This Week’s 5 Most Interesting CRE Listings

Check out this week's most interesting CRE listings across the country.

On the Market is a new department curating the week’s most interesting 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.

bradford-lake-ext-Bridford Lake

Location: Greensboro, N.C.

Offering Price: TBD by market

Acres: 27.65

Units: 320

Avg. unit size: 1,190 SF

Year Built: 1998

Highlights: Value-add potential for rent increases; proximity to employment centers in Greensboro and the greater Triad; large units and proximity to schools position property well for family renters; net rental income growth of almost 7 percent in 2015.

Contact: John Munroe, ARA Newmark, 919-913-4764

meadowsThe Meadows

Location: Lexington, Ky.

Units: 174

Building Size: 147, 984 SF

Occupancy: 96 percent

Year Built: 1978

Highlights: Class B asset; history of stable cash flow with opportunity for added value; community amenities include a duck pond, swimming pool and smaller kid’s pool, tennis and volleyball courts and a dog park.

Contact: Ken Silvestri, Silvestri Real Estate, 859-263-2300

Alexan014 - revAlexan Vistas

Location: Austin, Texas

Units: 334

Year Built: 2009

Land Size: 38.62 acres

Avg. Unit Size: 1,032 SF

Highlights: Located in hill country with canyon views; affordable rents compared to nearby million-dollar luxury and executive homes; recently renovated clubhouse, fitness center, business center, lounge and model units; community amenities include a swimming pool and game room.

Contact: Patton Jones, ARA, 512-637-1219

winter parkAndover at Winter Park

Location: Winter Park, Fla.

Price: $28 million

Units: 348

Building Size: 384,943 SF

Year Built: 1970

Occupancy: 93 percent

Highlights: Located 15 minutes from downtown Orlando and in close proximity to major highways and the Winter Park SunRail station; furnished apartments and balconies available; community amenities include a swimming pool, dog park, clubhouse, business center, playground and laundry.

Contact: Cyrus Khadivi, Ten-X, 949-639-3569

lindbladeLindblade Lofts

Location: Los Angeles, Calif.

Price: $11.4 million

Units: 20

Building Size: 21,997 SF

Price/Unit: $572,500

Year Built: 2015

Highlights: Fully leased; located in popular Silicon Beach-adjacent Mar Vista neighborhood; amenities include stainless steel appliances, qortstone countertops, a fitness center, on-site garage parking, and a secured front entry/video surveillance security system.

Contact: Matthew Kanner, Keller Williams Commercial, 323-664-9033