BAILEY SQUARE APARTMENTS
6150 Rock Island Rd, Tamarac, FL 33319 – Fort Lauderdale MSA
0
Units
$ 0 M USD
Renovation to interior exterior of the property
Owned
business plan & results
The property required rezoning of the land in order to build 120 apartments. The property was successfully rezoned and it was sold thru an off market unsolicited offer.
site & Project
The site consisted of 120 apartments situated in 6.5 Acres in Tamarac, FL, on the Rock Island corridor. The property is located just blocks away from Commercial Blvd a major east-west artery through the city. The area immediately surrounding the property is primarily composed of single-family residences.
sub-market
City of Tamarac, Florida in northwestern Broward County, between Coral Springs and Sunrise. Covering a 12-square mile area, Tamarac is an established family oriented community that is home to over 60,000 residents and approximately 2,000 business. Since its incorporation in 1963, Tamarac has prospered and grown into a full service city. Tamarac is served by major highways including the Florida Turnpike and the Sawgrass Expressway which provide access to key locations throughout South Florida. The areas within one and three miles of the property are home to 15,359 and 139,796 residents, respectively, and the average household income is $65,763 and $59,796.