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FEATURED PROPERTIES
Godart Florida is constantly sourcing new opportunities. Every attempt will be made to include them as part of this section. However not all opportunities will be presented and therefore, we encourage you to contact us either by email: info@godartflorida.com or phone: 954 522 8577.
Select Below to view Featured Properties:
OFFICE, INDUSTRIAL, AND RETAIL PROPERTIES
Property # 1050 SINGE TRIPLE NET LEASED FACILITY (Credit tenant with 11.5 years remaining): This property is located just off I75 in Fort Myers, Florida. The property consists of a 14,800 sf building and is situated on 6.7 acres with highly visible roadway frontage. The lease is guaranteed by the parent company, Ashtead Group, a $1 Billion public company based in England. Current rent is $221,664/year with CPI increases. The Owner is asking $2.7 million (8.2% cap rate). Excellent opportunity.
Property # 1051 This (3) building office project, built in 2007, is located in Broward County with visibility from Interstate 595. This project contains three, two story, buildings in a planned office park. The units have a "Key West" style design. The average size of each of these buildings is approximately 13,000 sq. ft. The buildings are in new condition and have not been occupied. The Bank is motivated to sell this asset.
Property # 1052 140,000 sq. ft. community shopping center located in Miami Dade County across from one of the major universities. The property property includes 2 out parcel land leases from 2 major tenants (drugstore and fast food). This property is well situated, has quality local tenants and is located on a heavily travelled roadway. The loan is currently non performing. The property is currently 90% occupied
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Property # 1160 This project is a partially completed, 70 unit project located in Palm Beach County, on the Intracoastal. It consists of 40 condominium units that are 95% completed 10 townhomes that are 75% completed and 10 finished lots for an additional 10 townhomes. The project has a spectacular view of the Intracoastal and requires an additional $1 million to complete.
Property # 1161 This project is a failed condo conversion project that was originally built in 1987 and is located north of Orlando. The 368 unit project has 288 units remaining. The property’s amenities include 2 pools and a fitness center.
Property # 1162 This rental community was originally built in 1974 and is well located in Broward County. It consists of 310 units, with 84% occupancy. It caters to the working class community and is considered a C+ asset with average rents of $800 per month.
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HOTEL AND RESORT COMMUNITIES
Property # 1270 The Beach Resort is situated on approximately 3 acres of land, with 250' of frontage, on the beach in Broward County. The asset consist of a nine (9) story, 96 room operating hotel, a 54 unit six (6) story vacant apartment building, and two (2) lots on the Westside of A1A currently being used for overflow parking. The site is zoned for high rise multi-family residential. All bids for the property are due by July 1st, 2010.
Property # 1271 This branded hotel is located in the Orlando market place. The property consists of 282 rooms. The loan is currently non-performing and the Bank is motivated to sell the note.
Property # 1273 This branded hotel is located is well located in a college town located in Northern Hotel and consists of 271 rooms. The Bank is motivated to sell the property.
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MASTER PLANNED COMMUNITIES
Property # 1380 Fully developed 8 acre master planned community, located in Broward County east of Interstate 95, for 35 single family home lots. Average lot size is 50’x 100’. No vertical construction has taken place. In addition, there are 7 duplex lots and one single family lot adjacent to this property that is secured by the same debt. The duplex lots are partially improved with townhouse units.
Property # 1381 Fully developed 67 lot gated community, located in Broward County east of Interstate 95 with 15 vacant lots, 10 partially completed homes, and 6 completed homes. Home values are currently $425,000 in the community.
Property # 1382 Fully developed 211 single family lot gated community, located in Palm Beach County, containing 2 completed homes, 20 partially completed homes, and 81 finished lots. The current home values in the community are between $300,000 and $500,000.
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PRODUCT TYPES INCLUDE:
Golf Course and Marina Communities
Urban Infill & Mixed Use Projects
Retail Properties
High-Rise Condominiums
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