JBM Institutional Multifamily Advisors Unveils Exclusive Listings
JBM Institutional Multifamily Advisors has recently taken a significant step in the real estate market by exclusively listing the Oasis Naples and Coral Palms properties. This multifamily portfolio comprises a total of 504 units, providing incredible investment opportunities for potential buyers. Investors can opt to purchase the properties as a portfolio or individually, giving flexibility to those looking to expand their real estate holdings.
About the Oasis Naples Property
Overview and Features
Oasis Naples is a 216-unit property that was established in 1992 and is situated in an excellent location in the heart of Naples. The property boasts easy access to key transportation routes including Interstate-75 and Highway-41, making it an attractive choice for residents. Investors will find the opportunity to acquire a stabilized asset with exceptional cash flow, offering a substantial value-add potential — averaging an additional $144 per unit each month. Amenities at Oasis Naples include newly furnished resort-style pools, expansive sundecks, and a large hot tub, creating a desirable living environment.
Unit Specifications
The second-floor units in Oasis Naples feature stunning vaulted ceilings, enhancing the overall living experience. The average market rent for units in this area stands at about $2,048, making it a lucrative option for investment.
Coral Palms: An Attractive Investment
Community Insights
Coral Palms, another notable property, consists of 288 units and is crafted in a garden-style architecture using durable concrete blocks. Situated in the Golden Gate submarket, Coral Palms spans over 18.05 acres and was built in 1987. The property presents a unique chance for investors to enhance its value through a robust renovation program, with the potential to increase rents by an average of $161 per unit per month. Currently, around 44% of the units have undergone renovations, showcasing modern upgrades, including plank flooring and contemporary appliances.
Living Spaces
The units at Coral Palms range from one to two bedrooms and average about 810 square feet. Features include walk-in closets, ceiling fans, and screened patios or balconies, which provide comfort and convenience for the residents. The average market rent in this community is approximately $1,827, which adds to its appeal for investors.
Strategic Locations Enhancing Value
Both properties are located in prime areas of Naples, close to numerous luxurious golf courses and major retail centers. They're particularly appealing due to their proximity to popular shopping destinations and dining options, such as The Village Shops on Venetian Bay and 5th Avenue South. The excellent school zoning is also a major draw for families seeking quality education for their children, marking Naples as one of the best places to live in the USA.
About JBM Institutional Multifamily Advisors
JBM Institutional Multifamily Advisors has established itself as a leading boutique brokerage firm in the USA. Despite focusing operations solely in Florida, it consistently ranks at the top in various significant categories. According to recent national rankings, JBM boasts the highest average sold price per transaction and per unit throughout Florida, showcasing its effectiveness in the multifamily real estate sector. With a lifetime transaction volume exceeding $20 billion and experience with over 170,000 units, JBM continues to be a formidable player in the market, dedicated to providing unparalleled service to clients looking for multifamily investment opportunities.
Frequently Asked Questions
What properties has JBM listed?
JBM has exclusively listed Oasis Naples and Coral Palms properties.
What is the total number of units in the listed portfolio?
The total number of units in the portfolio is 504.
When is the Call For Offers date?
The Call For Offers date is set for January 14 of the following year.
What potential does Oasis Naples offer for investors?
Oasis Naples offers strong value-add potential, averaging an additional $144 per unit per month.
How does JBM rank in the multifamily brokerage sector?
JBM is ranked as the number one boutique brokerage firm in the USA, focusing on multifamily properties.
