RPH Multifamily Group of Marcus & Millichap

Just Listed | Trophy Mixed-Use Asset with Upside in Rapidly Growing Downtown Fort Myers Price: TBD by Market · Meticulously maintained and renovated historic mixed-used value-add trophy asset in Downtown Fort Myers, Florida · Only investment-grade, upscale asset of scale in pedestrian First Street core · Asset is turnkey, with upside opportunity to increase Effective Gross Income by more than 31% via commercial space enhancements, residential unit upgrades and increased utility reimbursement · 22 apartment units totaling 20,080 square feet and 5 office suites totaling 13,451 square feet · Situated in core of Downtown Fort Myers River District – with $400-million+ immediate-area new developments – the asset features incredible walkability to numerous nearby dining, entertainment and shopping venues For more information on this listing, including the offering memorandum and financials, please use the link below. https://lnkd.in/e6mWG35g #justlisted #multifamilyinvestments #FortMyersFL

Join us at the?Marcus & Millichap / IPA Multifamily Forum: Florida 2025?at the?JW Marriott Tampa Water Street?on?April 9, 2025. First held in 2014, the conference consistently brings together?400+?multifamily executives from across Florida, as well as national and regional multifamily owners, investors, and developers active in Florida markets from across the country. Click the link below to learn more or to register for this event. https://lnkd.in/e767MJJC

Just Listed | 8 Units in Tampa, FL | Completely Remodeled Interiors Price: $1,080,000 · 8-unit multifamily community in Tampa, FL · Attractive unit mix of six two-bedroom units and two three-bedroom units · Massive upside potential with a 33.58% increase in Effective Gross Income possible by end of Year Two through continued unit interior and common area improvements · All eight unit interiors completely remodeled For more information on this listing, including the offering memorandum and financials, please use the link below. https://lnkd.in/eNyD67QN #justlisted #multifamilyinvestments #TampaFL #TampaRealEstate

Just Listed | 16 Units in Madeira Beach, FL | Waterfront Location with Gulf of America Access Price: TBD by Market · Prime intercoastal location situated directly on Johns Pass in Madeira Beach, Florida, offering breathtaking waterfront views and unparalleled access to the Gulf of America · Expansive lot offering over half an acre of land with hundreds of feet of seawall, providing a rare opportunity for future development of a boutique apartment or luxury condo project up to 16 units confirmed by Madeira Beach Planning and Zoning · All HVAC units are under eight years old including 12 new elevated condensing units and three new air handlers · Recent remediation efforts included the removal of wall and ceiling drywall in select units, with debris fully cleared in all down units · $66,000 in revenue from four units which can remain occupied while completing renovations on 12 down units · Over 60% of the windows have been upgraded to hurricane impact glass with multiple units having hurricane French doors and sliders For more information on this listing, including the offering memorandum and financials, please use the link below https://lnkd.in/e9GHXVAD #justlisted #multifamilyinvestments #MadeiraBeachFL #SaintPetersburgFL #TampaBayFL #TampaRealEstate #FLMultifamilyInvesting

Just Listed | 4 Units in Bartow, FL | 2024-Built Turnkey Asset Price: $1,099,000 ·?Turnkey 2024-built asset in Bartow, Florida offering 4 spacious units ·?Large floor plans: four-bedrooms, two-and--half baths totaling 1,366 square feet ·?Market rents per unit average $1,950-$2,400 ·?Concrete block construction ·?Units feature stone countertops, laminate flooring, dishwashers and laundry closets ·?Less than one mile from the charming Downtown Bartow historic district, featuring boutique shops, restaurants and cultural attractions ·?Centrally located providing convenient access to Orlando (58 miles), Tampa (45 Miles) and Lakeland (12 miles) For more information on this listing, including the offering memorandum and financials, please use the link below. https://lnkd.in/eefnr4iY #justlisted #multifamilyinvestments #BartowFL #PolkCountyFL

Just Listed | 40 units in New Port Richey, Florida (Tampa Bay MSA) | 6.73 Takeover Cap Rate Price: $4,400,000 ·?40-unit two-property value-add portfolio in New Port Richey, Florida (Tampa Bay MSA) ·?Properties located only a half mile apart: Executive Estates – 20 two-bedroom, one-bathroom units & River Heights – 20 one-bedroom, one-bathroom units ·?Massive upside with 30% increase in Effective Gross Income achievable by end of Year Two via unit interior and common area improvements ·?Concrete block construction ·?Brand new 2025 roofs at River Heights, one new roof at Executive Estates For more information on this listing, including the offering memorandum and financials, please use the link below. https://lnkd.in/ecsZU5Cg #justlisted #multifamilyinvestments #NewPortRicheyFL #FloridaRealEstateInvestments

Just Listed | 47 Units in Tallahassee, FL | $1.7M in Capital Improvements Price: TBD by Market ·???A 47-unit turnkey multifamily community located in Tallahassee – Florida’s state capital – with $1.7-million in capital improvements ·???Incredible location within short walking distance of both Florida State University, with 42,000 students and Downtown & Florida Capitol Complex, with workforce including 40,000 government employees ·???Consistently 100% Occupied ·???$850,000+ in recent capital improvements, including new roof, following $350,000+ in 2020/2021, and a $500,000+ comprehensive 2018 exterior and interior renovation ·???Renovated “Deluxe” units include wood-look vinyl plank flooring, granite countertops with undermount sinks and large dining island, stainless steel appliances with built-in microwaves, raised panel cabinetry and subway tile backsplashes.?They yield $100 higher rent than unrenovated “Premium” units which include wood-look vinyl plank flooring, black appliances, raised panel cabinetry and tile backsplashes ·???All units feature space-efficient dual-cycle washer/dryer appliances ·???Further upside remains through reducing loss-to-lease, currently at 15%.?This reduction, along with strategic community improvements, can yield a 26% increase in Effective Gross Income by end of Year Two For more information on this listing, including the offering memorandum and financials, please use the link below. https://lnkd.in/g4-F28av #justlisted #multifamilyinvestments #TallahasseeFL #TallahasseeRealEstate

Just Listed | 28 Units in Bradenton, FL | Over $100,000 in Recent Capital Improvements Price: $3,750,000 · A 28-unit apartment community located in Bradenton, Florida · Significant potential for growth, with a clear pathway to a 7.48% cap rate by the second year · Property features an interior corridor design · Renovated units include updated appliances, new cabinets, modern light fixtures, countertops, and sinks · Over $100,000 invested in recent capital improvements, including new plumbing and all-new mini-split air conditioning systems, as well as upgraded kitchens · Situated just 1 mile from downtown Bradenton For more information on this listing, including the offering memorandum and financials, please use the link below. https://lnkd.in/e_8Eq9Sh #justlisted #multifamilyinvestments #BradentonFL

Just Listed | 50 Units in Brooksville, FL (Tampa Bay MSA) | $1-million in Recent Capital Improvements Price: $7,650,000 · 50-unit gated multifamily community in Brooksville, FL (Greater Tampa Bay Area) · More than $1-million in recent capital improvements, including seven new roofs, new & improved amenities, freshly sealed and striped parking area, and new landscaping throughout · Proven upside, with 38 already-completed unit-interior renovations · Continued renovations may realize a 17% increase in Effective Gross Income and 7.44% cap rate by end of Year Two · Attractive unit mix with majority two-bedroom units · Amenities include gated entrance, pet park, playground and recently upgraded and modernized laundry facility For more information on this listing, including the offering memorandum and financials, please use the link below. https://lnkd.in/eFUBDNuu #justlisted #multifamilyinvestments #BrooksvilleFL

Just Listed | 73 Units in Tampa, FL | Price: $9,250,000 · 73-unit multifamily portfolio in Tampa, FL · Attractive unit mix of majority two-bedroom units · Significant proven upside potential with a 47.5% increase in Net Operating Income possible by end of Year Two through continued unit interior and common area improvements ·?Assumable mortgage with 4.75% interest rate For more information on this listing, including the offering memorandum and financials, please use the link below. https://lnkd.in/eBcsrtR5 #justlisted #multifamilyinvestments #TampaFL #TampaRealEstate