Off-Market Offering271-Unit Multifamily
$34,500,000
Multifamily · 271 units
Asking Price
$34,500,000
Units
271
Asset Type
Multifamily
Investment Highlights
271 units palm bay Florida built in 1985 in the right in the “space coast / aerospace & defense corridor” (10k+ employees within 12 minute drive) mostly 1br units 600sqFt each. 131 units can be upgraded with $160 premiums in rent collection (upside) with new roof painting & boilers. Normal sale owner asking $34.5m / 129k PpD / 6.25% cap with upside negotiable
James Smith
Listing contact · Verified on Crezly
Inquire / make an offer:
https://www.crezly.com/property/271-units-palm-bay-florida-built-in/
https://www.crezly.com/property/271-units-palm-bay-florida-built-in/
Prepared via Crezly Marketplace (crezly.com) from owner/broker-supplied information and NYC public records. Information deemed reliable but not guaranteed; buyers must independently verify. Not an offer, solicitation, or investment advice.