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Multifamily

Cocoa Village

16 South St, Rockledge, FL 32955

Listing Price: Request For Offer

Number of Units
20
Gross SF
7,600

Investment Overview

We're pleased to present Cocoa Village Apartments, a 20 unit multifamily asset in Rockledge (Space Coast), FL. This property is a value-add opportunity, located within walking distance to major high-tech employers, world renowned and local attractions. Furthermore, upon completion of a interior and exterior property-wide renovation plan, a new buyer will have the ability to achieve a pro-forma cap rate just shy of 8%.

Investment Highlights

  • Twenty-Unit Asset Consisting of 40% Studio Units, 50% Two-Bedroom Units, and 10% Two-Bedroom Units
  • Uniquely Positioned to Provide Efficient and Affordable Floorplans to the Cocoa/Rockledge Renter Pool
  • Currently, 16 of the 20 Units are on Month-to-Month Leases, Offering Investors a Clear and Controllable Pathway to Achieving Pro Forma Returns
  • Located Just Minutes from the Heart of Historic Cocoa Village, Home to Over 100 Businesses, Restaurants, and Cultural Attractions

Exclusively Listed By

Financing By

Multifamily

Cocoa Village

Listing Price: Request For Offer

Number of Units
20
Gross SF
7,600

Investment Highlights

  • Twenty-Unit Asset Consisting of 40% Studio Units, 50% Two-Bedroom Units, and 10% Two-Bedroom Units
  • Uniquely Positioned to Provide Efficient and Affordable Floorplans to the Cocoa/Rockledge Renter Pool
  • Currently, 16 of the 20 Units are on Month-to-Month Leases, Offering Investors a Clear and Controllable Pathway to Achieving Pro Forma Returns
  • Located Just Minutes from the Heart of Historic Cocoa Village, Home to Over 100 Businesses, Restaurants, and Cultural Attractions

Investment Overview

We're pleased to present Cocoa Village Apartments, a 20 unit multifamily asset in Rockledge (Space Coast), FL. This property is a value-add opportunity, located within walking distance to major high-tech employers, world renowned and local attractions. Furthermore, upon completion of a interior and exterior property-wide renovation plan, a new buyer will have the ability to achieve a pro-forma cap rate just shy of 8%.

Exclusively Listed By

Financing By

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