606 PARK aVENUE, ORANGE pARK, fl 32073 105 UNITS BUILT 1974

BID DEADLINE

The Bid Deadline for Promenade Park Avenue has been set for: Thursday, August 15th at 5PM EST

 

Offers should be presented in the form of a non-binding Letter of Intent, detailing the significant terms and conditions of Purchaser’s offer including, but not limited to: (1) asset pricing, (2) due diligence and closing time, (3) earnest money deposit, (4) a description of the debt/equity structure, (5) an explanation of capital sources, and (6) any contingencies that may exist.

PROPERTY VISITS

Prospective buyers will have the opportunity to visit the property via pre-scheduled property tours. These tours will include access to a sampling of available units and limited access to property personnel. In order to accommodate the ongoing operations, property visitations will require at least 48 hours’ notice. No property tours will be allowed without a scheduled appointment and prospective purchasers may not contact the property or visit the property without being accompanied by a representative from Berkadia.

NEW FINANCING

Berkadia’s debt placement provides competitive terms for Fannie Mae, Freddie Mac, CMBS, and Proprietary Lending. Financing quotes for Promenade Park Avenue are available on tours or by contacting:

 

Josh Finley 404.654.2594

Investment sales / real estate brokerage business is conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan banking and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc.

In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker Lic. #01931050, Berkadia Commercial Mortgage LLC under CA Finance Lender & Broker Lic. #988-0701, Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116.  For state licensing details for the above entities, visit: www.berkadia.com/legal/licensing.aspx

jacksonville Office

10161 Centurion Parkway North

Jacksonville, Florida, 32256

904.513.9347

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