CapRate Commercial is proud to present, as exclusive advisors, The Watershed Apartments. The Watershed Apartments is a 31-unit apartment community in two buildings on more than two acres and located in Palm Springs, FL which is in central Palm Beach County. The property has been well maintained by the long term owners.
Amenities include but not limited to:
*Secure, private community
*All two-bedroom / two-bathroom units
*Two onsite laundry rooms
*Community room, computer lab and onsite office
*Swimming pool, basketball court, beach sand volleyball court, BBQ tent and more
*Additional 8 bay garage for back-of-house storage.
The Watershed Apartments offers investors a turn-key, vacant, fully furnished, blank-slate opportunity with abundant existing amenities. The property is secured by fencing and a gated entry as well as privacy screening landscaping. All building systems and building interiors have been well-maintained and repaired or replaced as needed.
The property is located in the heart of Palm Beach County with convenient access to I-95, the Florida Turnpike and Palm Beach International Airport. It is surrounded by various area amenities, including multiple grocery stores, drug stores, restaurants, banks and major employers. Palm Beach State College is just south of the property and adjacent to a large county park and the Palm Beach County Parks & Recreation headquarters.
