Fort Lauderdale Multifamily

Fort Lauderdale Multifamily

FORT LAUDERDALE, FL

  • Net Rentable Area

    Net Rentable Area

    234,320 sf

  • Units

    Units

    280

  • Parking

    Parking

    ~450

  • A garden-style resort-like apartment community located in a dynamic pocket of South Florida within 20-min of 5 medical facilities (2,250+ physicians, 3,000+ employees, and 1,850+ beds).
  • The Property features lakeview, fitness center, pool, spa, playground, and tennis court, and benefits from $2M recent exterior capital improvements by the previous owner.
  • A rare opportunity to renovate 100% of unit interiors. Compelling value-add investment with in-place rents lagging meaningfully behind prevailing market rents.

*EXAMPLES OF PROPERTIES THROUGHOUT THIS PRESENTATION, INCLUDING THE ABOVE, ARE PROPERTIES IN WHICH ONLY A NON-CONTROLLING EQUITY INVESTMENT (TYPICALLY AS A LIMITED PARTNER) HAS BEEN MADE, AND AREBEING PROVIDED FORILLUSTRATIVE PURPOSESONLY IN ORDERTO PROVIDE EXAMPLES OF THE KINDS OF INVESTMENTS THAT HAVE RESULTED HISTORICALLY FORM THE INVESTING PROCESSES AND METHODOLOGY OF NPC. The properties selected in these examples do not represent all of the properties that have been or will be identified by NPC as likely investments of the Fund. No representation is made as to whether or if the examples represented above have been or will be profitable. There is no guarantee that the Fund will actually invest in any of these projects. It should not be assumed that NPC will seek,and that if it seeksit will be able, to identify similar investment opportunities for the Fundin the future or that any such future investment opportunities will be profitable. Past performance is not a guarantee of, and is not necessarily indicative of, future results. << /p>