Compass Apartments

210 Units | Completed 1986 | Amazing Assumable Debt (3.6%) | Top White-Collar Job Market | Central Florida

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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

IPA Team

Shelton Granade

Shelton Granade

License #: SL3042246
Ofc: +1 (407) 557-3870
Cell: +1 (407) 616-2187
Luke Wickham

Luke Wickham

License #: SL3170987
Ofc: +1 (407) 557-3871
Cell: +1 (407) 460-4603
Justin Basquill

Justin Basquill

License #: SL3028792
Ofc: +1 (407) 557-3872
Cell: +1 (407) 754-8014
Sean Williams

Sean Williams

Senior Vice President
License #: SL3054109
Ofc: +1 (813) 387-4734
Cell: +1 (813) 453-3877
Erik Bjornson

Erik Bjornson

Senior Managing Director
License #: SL3196898
Ofc: +1 (904) 672-1429
Cell: +1 (904) 699-7582
Tyler Nilsson

Tyler Nilsson

Senior Managing Director
License #: SL3299428
Ofc: +1 (904) 672-1427
Cell: +1 (904) 477-8929