Investment Overview

Marcus & Millichap, as exclusive listing agents, are pleased to present to market the Wallis & Stacy Townhomes, a premier multifamily investment opportunity in West Palm Beach, Florida. These well-maintained properties consist of two 23 unit townhouse style properties. Each property consists of all spacious three bedrooms / two bathroom floorplans, and 52,831 square feet of rentable space. Both were built in 1991 on two large parcels totaling 4.80 acres, the Wallis & Stacy Townhomes offer an attractive blend of modern living and long-term investment value. The properties include ample parking and open spaces, creating a desirable community atmosphere that appeals to families and professionals alike. Strategically located at 5201 Wallis Rd and 5280 Stacy St, the Wallis & Stacy Townhomes benefit from proximity to major economic drivers and lifestyle amenities. Palm Beach International Airport is just 5 miles away, offering unparalleled connectivity for residents and visitors. Downtown West Palm Beach, situated only 7 miles from the property, is a vibrant hub of cultural attractions, dining, and entertainment, including Clematis Street and The Square. Additionally, the properties are surrounded by quality schools, retail centers, grocery stores, and healthcare facilities, ensuring convenience for residents and enhancing its market appeal. The Wallis & Stacy Townhomes offer investors a compelling opportunity to acquire two stable, high-demand assets with strong fundamentals. The spacious three-bedroom layouts attract a diverse tenant base, while the property’s solid construction, ample acreage, and strategic location in a thriving market promise steady occupancy and rental growth. This rare offering is well-positioned to deliver consistent returns and long-term capital appreciation.