Nathan Holdings is pleased to present the opportunity to invest in University Club Apartments, 58-units, well-maintained property in Davie’s Florida submarket. Built-in 1970 and offer desirable qualities such as large units, low-density site plans, and great location. The property’s current rents are below new construction in the area, signaling room to raise rents with value-add upgrades by renovations.
The city of Davie has experienced growth in the past ten years and shows no signs of slowing. Apartment fundamentals in the submarket have been incredibly resilient in the past year despite COVID, with a 4% increase compared to the previous year, a testament to the market’s strength.