 |
| Shore View Apartments, 50 Berkeley Street Satellite Beach, FL |
Satellite Beach, FL, Dec. 10, 2013 -- Kurt Hoffmann
and Chris Caveglia of HC Real Estate Capital have arranged $5,050,000 in
acquisition financing for Shore View Apartments located at 50 Berkeley
Street Satellite Beach, FL.
HC Real Estate Capital worked exclusively with the borrower
to obtain a 5-year fixed-rate loan through a regional bank.
Shore View is a 155-unit apartment complex that was
originally built in 1964 and is situated on 8.5 Acres of land that sits across
the street from the Atlantic Ocean.
The community is comprised of five residential buildings
with individual units that are made up of 19 studio units, 65 one-bedroom/one
bathroom units, 70 two-bedroom/one bathroom units and a three-bedroom/two
bathroom unit.
The community offers numerous amenities including a state of
the art fitness center, several BBQ/picnic areas, Olympic size swimming pool,
basketball court and a clubhouse.
For a complete copy of the company’s news release, please
contact:
Chris Caveglia
HC Real Estate Capital, LLC
660 Linton Blvd. Ste 200 EX5
Delray Beach, FL 33444
Direct: 561-266-3273
Mobile: 561-376-3176
No comments:
Post a Comment