Compass Apartments
210 Units | Completed 1986 | Amazing Assumable Debt (3.6%) | Top White-Collar Job Market | Central Florida
The Opportunity
IPA is pleased to present Compass Premier Apartments (“The Property”), a 210-unit multifamily community in one of the nation’s top STEM job markets, the dynamic Space Coast / Melbourne area of Central Florida. The offering is exceptional – it has minimal CAPEX needs; it’s in a prime location in a high-growth market; and it comes with amazing, assumable below-market debt with a fixed rate of 3.6% through 2030. Those unique characteristics are likely to enhance cash flow and returns for new ownership as Central Florida continues to flourish.
Key Investment Highlights
Below Market Assumable Loan (3.60% Interest Rate)
Strong On-Site Operations
Institutionally Owned and Maintained
190 Covered Parking Spots
Recently Renovated Fitness Center And Sport Court
Newer Roofs and Exterior Paint
Dynamic Space Coast Market
Strong Competitive Support
Incredible Access throughout Central Florida
Just 1 Hour from Orlando
Zoom
IPA Team
Shelton Granade
Luke Wickham
Justin Basquill
Sean Williams
Senior Vice President
License #: SL3054109
License #: SL3054109
Ofc: +1 (813) 387-4734
Cell: +1 (813) 453-3877
Cell: +1 (813) 453-3877
Erik Bjornson
Senior Managing Director
License #: SL3196898
License #: SL3196898
Ofc: +1 (904) 672-1429
Cell: +1 (904) 699-7582
Cell: +1 (904) 699-7582
Tyler Nilsson
Senior Managing Director
License #: SL3299428
License #: SL3299428
Ofc: +1 (904) 672-1427
Cell: +1 (904) 477-8929
Cell: +1 (904) 477-8929
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