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Piper Village West 3901 36th Ct 68 Unité Immeuble d’appartements 28 309 941 $ CAD (416 323 $ CAD/Unité) 5,25% Taux de capitalisation West Palm Beach, FL 33407
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Large 68 (out of 69) Unit Condominium Community Spread Across 3.25 Acres
- Spacious Unit Layouts Averaging Approximately 1,115 Square Feet, Ideal For Long-Term Tenants
- Minutes From Major Development Projects in Northwood Village And The NORA District
- Concrete Block Construction With Concrete Flat Roofs And Central Air Conditioning Throughout
- Predominantly Three-Bedroom/Two-Bathroom Unit Mix Supporting Strong Family-Oriented Demand
- All Plumbing Has Been Replaced With PVC Piping
Résumé de l'annonce
Marcus & Millichap is pleased to present Piper Village West, a 68 (out of 69) unit condominium community consisting of five three-story buildings built in 1973, totaling approximately 75,870 square feet on 3.25 acres. Constructed of concrete block with concrete flat roofs and central air conditioning throughout, the property offers a predominantly family-oriented unit mix with sixty-six three-bedroom/two-bathroom units and three two-bedroom/two-bathroom units, each averaging approximately 1,115 square feet.
Piper Village West benefits from its proximity to several major redevelopment initiatives that are reshaping the West Palm Beach region. Just north of the property, Northwood Village is undergoing a transformative expansion centered on The District at Northwood, a mixed-use project under construction that will deliver approximately 382 residential units across three buildings along with ~63,000 square feet of commercial and retail space and significant public open space. The District includes a mix of studio, one-, and two-bedroom apartments, ground-floor retail, co-working spaces, fitness and entertainment amenities, and hundreds of new parking spaces, establishing a vibrant “Village Square” destination that will attract residents, visitors, and businesses alike.
A short distance south and east lies the NORA District (North of Railroad Avenue), a transformational 40-acre mixed-use destination being developed in downtown West Palm Beach. Phase I of NORA includes ~150,000 square feet of adaptive reuse and new commercial development featuring retail, dining, wellness, and creative office space, and future phases will introduce a 201-key boutique hotel, additional retail and hospitality offerings, and hundreds of residential units designed to activate the neighborhood and expand the city’s urban core.
This proximity to high-profile mixed-use growth corridors places Piper Village West within the orbit of some of West Palm Beach’s most dynamic economic drivers. The region continues to attract public and private investment that reinforces walkability, lifestyle amenities, and transit-oriented development, while employment growth in nearby Downtown and along the I-95 corridor supports strong rental demand.
Piper Village West offers investors the opportunity to acquire a well-constructed, mid-sized multifamily asset with durable infrastructure, family-friendly layouts, and long-term upside supported by major adjacent redevelopment projects that are expanding the city’s residential, retail, and entertainment landscape.
Piper Village West benefits from its proximity to several major redevelopment initiatives that are reshaping the West Palm Beach region. Just north of the property, Northwood Village is undergoing a transformative expansion centered on The District at Northwood, a mixed-use project under construction that will deliver approximately 382 residential units across three buildings along with ~63,000 square feet of commercial and retail space and significant public open space. The District includes a mix of studio, one-, and two-bedroom apartments, ground-floor retail, co-working spaces, fitness and entertainment amenities, and hundreds of new parking spaces, establishing a vibrant “Village Square” destination that will attract residents, visitors, and businesses alike.
A short distance south and east lies the NORA District (North of Railroad Avenue), a transformational 40-acre mixed-use destination being developed in downtown West Palm Beach. Phase I of NORA includes ~150,000 square feet of adaptive reuse and new commercial development featuring retail, dining, wellness, and creative office space, and future phases will introduce a 201-key boutique hotel, additional retail and hospitality offerings, and hundreds of residential units designed to activate the neighborhood and expand the city’s urban core.
This proximity to high-profile mixed-use growth corridors places Piper Village West within the orbit of some of West Palm Beach’s most dynamic economic drivers. The region continues to attract public and private investment that reinforces walkability, lifestyle amenities, and transit-oriented development, while employment growth in nearby Downtown and along the I-95 corridor supports strong rental demand.
Piper Village West offers investors the opportunity to acquire a well-constructed, mid-sized multifamily asset with durable infrastructure, family-friendly layouts, and long-term upside supported by major adjacent redevelopment projects that are expanding the city’s residential, retail, and entertainment landscape.
Salle de données Cliquez ici pour accéder à
- Offering Memorandum
Faits sur la propriété
| Prix | 28 309 941 $ CAD | Style d’appartement | De faible hauteur |
| Prix par unité | 416 323 $ CAD | Classe d’immeuble | B |
| Type de vente | Investissement | Taille du lot | 3,25 AC |
| Taux de capitalisation | 5,25% | Taille du bâtiment | 75 870 pi² |
| Multiplicateur du loyer brut | 11.02 | Nombre d’étages | 3 |
| Nombre d’unités | 68 | Année de construction | 1973 |
| Type de propriété | Immeuble residentiel | Ratio de stationnement | 1,32/1 000 pi² |
| Sous-type de propriété | Appartement | Zone de développement économique |
Oui
|
| Prix | 28 309 941 $ CAD |
| Prix par unité | 416 323 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 5,25% |
| Multiplicateur du loyer brut | 11.02 |
| Nombre d’unités | 68 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | B |
| Taille du lot | 3,25 AC |
| Taille du bâtiment | 75 870 pi² |
| Nombre d’étages | 3 |
| Année de construction | 1973 |
| Ratio de stationnement | 1,32/1 000 pi² |
| Zone de développement économique |
Oui |
Commodités
Commodités des unités
- Climatisation
- Chauffage
- Cuisine
- Réfrigérateur
- Bain/Douche
- Wi-Fi
Commodités du site
- Accès 24 heures
- Gestionnaire d'immeuble sur place
- Wi-Fi
- Wi-Fi communautaire
- Entretien sur place
- Services en ligne
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 2+2 | 3 | - | 1 167 |
| 3+2 | 65 | - | 1 167 - 1 185 |
1 1
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 0 $ CAD | |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 704 756 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
704 756 $ CAD
Contacts
-
River Rhoads -
Daniel Cunningham -
Evan Richardson -
Dillon Majeski -
Cory Sanchez -
Jason Nowik -
Marcus & Millichap
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Piper Village West | 3901 36th Ct
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