NAPLES, Fla. , Aug. 8, 2024 /PRNewswire/ -- JBM ® Institutional Multifamily Advisors is pleased to announce the sale of another Class A+ Southwest Florida multifamily property – Tropia Wellen Park.
The seller was Davis Development – a nationally recognized developer based out of Atlanta, GA. This is JBM ® 's second transaction with the Davis Development team in just two years. Tropia Wellen Park is a brand new, class A+, 2023-built, 3-story, elevator serviced property that sits on 13.
6 acres +/-. The community has an affluent tenant base with an average household income of $176K+ and features tremendous walkability to nearby restaurants in Downtown Wellen. Amenities The Property offers an ultra-modern amenity package, including a resort-style pool, covered outside pavilion with TVs, two-story state-of-the-art fitness center, pet spa, as well as garages and storage units available for rent.
The 15K+ SF clubhouse includes a demonstration kitchen, private offices, billiards, golf simulator, movie theater, Luxer One package lockers, and two rentable guest suites. Units Units are comprised of luxurious interiors with open-concept floorplans averaging 1,070 SF. All units possess upscale wood finish flooring throughout, spacious walk-in closets, and screened-in balconies.
The fully equipped, chef-inspired kitchens feature white quartz countertops, Frigidaire stainless steel appliances, modern flat-panel cabinetry with built-in wine racks, under cabinet lighting, designer tile .