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1830 Jackson StHollywood, FL 33020
The Phoenix
Asset ClassMultifamily
$37.7MM Equity Request: IRR: 24% | Equity Multiple: 2.41X | Untrended YOC: 6.68%
overview of deal

Overview

Colliers is pleased to present an exceptional investment opportunity to partner with JQ Real Estate, LLC for the development of Jackson Street Apartments, a premier 17-story luxury multifamily tower located at 1830-1844 Jackson Street, Hollywood, FL 33020. Strategically positioned on 0.85 acres in Hollywood’s downtown core with Regional Activity Center (RAC) zoning, Jackson Street Apartments offers a coveted urban location between Fort Lauderdale-Hollywood International Airport and Miami’s employment centers, combining immediate access to Hollywood Beach and South Florida’s premier destinations with the vibrancy of a rapidly transforming urban corridor.

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Investment Highlights

The Project presents compelling investment returns, reflecting the strength of the Hollywood market and the Sponsor’s development expertise. Jackson Street Apartments will deliver 298 luxury residential units across 188,367 rentable square feet with a total development cost of $99,288,080 ($333,181 per unit), structured with 60% debt financing ($59.6M).

1830 Jackson StHollywood, FL 33020

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