Jade at Olde Naples is a 104-unit boutique multifamily community and represents a unique investment opportunity in Naples, FL, one of the most desirable markets in the United States. Located in a prime infill location, this property is a rare asset in a high barrier-to-entry submarket. As the only 100+ unit market-rate multifamily community within 1 mile of downtown Naples, it boasts a strategic advantage in a competitive rental market and protects the investment against competitive pressures and supports a premium pricing strategy.

Jade at Olde Naples maintains 100% occupancy and benefits from an active waiting list, demonstrating strong demand and potential for increased rental income. Significant rental uplift opportunities exist through strategic renovations. With a current $100 delta between classic and upgraded units, and another $100 between upgraded and premium units, the next owner can capture substantial premium rental income.

Recent Capital Expenditures of $4.5 million invested in recent renovations, including roof replacements in 2018, ensures reduced near-term maintenance costs and adds to the property’s appeal. Jade at Olde Naples features robust two-story concrete block construction and a mix of one- and two-bedroom floor plans, the property caters to a diverse tenant base.

This multifamily community not only offers a strong, stable source of current income but also presents a compelling value-add opportunity through strategic upgrades and management. Its unique location, combined with Naples’ high desirability and economic stability, makes this investment particularly attractive to those seeking growth and long-term profitability in real estate.