The Cottages on 7th is a highly desirable garden style apartment community consisting of six (6) studios and six (6) 1/1s. The subject property provides a true value add opportunity through renovations, rent raises and a quality marketing plan. Consisting of 4 buildings across two contiguous parcels, the properties are spread across .43 acres of land, giving residents ample green space and the ability to remain socially distanced from their neighbors. Parking is ample.

Walking distance to the new mixed use development of Water Tower Commons, The Cottages on 7th will provide opportunity to participate in the growth of the Town of Lantana. A well for landscape irrigation provides additional cost savings on property. With usable garage/storage space, the subject property may provide an opportunity to add laundry services on site. The condition of the interior units would welcome significant renovations to maximize the full value of the underlying real estate.

For those looking for an opportunity to add significant value in a well located, East of Interstate 95 Multifamily asset in an area seeing exceptional new growth The Cottages on 7th is an excellent choice.

Highlights

Value Add Opportunity Through Renovations, Marketing and Rent Roll Improvements

Walking Distance To Major 72 Acre Mixed Use Development | Water Tower Commons

Unit Mix | 6 Studios, 5 1/1, 1 Large 1/1, Single Garage

Individually Metered for Electric | Well Water for Irrigation | City Sewer

R15 | Residential Multifamily Zoning 15 Units Per Acre

Walking Distance to Lantana Sports Complex

Biking Distance to Intracoastal front, Lantana Bicentennial Park

1.5 miles to Lantana Municipal Beach

Less than 1 mile to Publix and Walkable Ocean Ave

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