Berkadia Real Estate Advisors is pleased to exclusively present the opportunity to acquire Green Tree (the “Property”)—a value-add garden-style property with 296 residential units, located just east of I-95 in Fort Lauderdale, FL.
The Property has been well kept over the years, with several upgrades performed to the amenities and some of the units. A new owner has the potential to elevate the Property’s finishes and compete with today’s newer product. There is strong support for high rent premiums both from within the rent roll and the submarket fundamentals.
The location has a unique mix of office and retail that is not available in most suburban markets. Adjacent to a Publix and 8 minutes to the beach, Green Tree allows residents to have live-work-play experience at an affordable price point. The access to I-95, Cypress Creek Business District, Oakland Park’s Central Business District and Downtown Fort Lauderdale gives the property urban-like levels of access to employment nodes while retaining its value proposition and the suburban feel.
Green Tree represents the rare opportunity to acquire a suburban value-add asset within a long-term infill location.
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What is the building size of this Multifamily property in Fort Lauderdale, FL?
The size of the building/unit at 5201 North Dixie Highway in Fort Lauderdale is 245,000 square feet
How much land does the Fort Lauderdale, FL property at 5201 North Dixie Highway include?
5201 North Dixie Highway in Fort Lauderdale includes 5.000 acres of land
What is the population within 1 mile of 5201 North Dixie Highway in Fort Lauderdale?
The population within 1 mile of 5201 North Dixie Highway Fort Lauderdale, FL 33334 is 17,479 people.
Who do I contact for questions about 5201 North Dixie Highway?
You should contact the listing agent,
Jaret Turkell, for any details regarding this commercial listing.
