JBM™ Institutional Multifamily Advisors Markets True Value-Add Multifamily Community, Candleglow, in Brooksville, Florida

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JBM™ has been retained to handle the marketing and sale of Candleglow, a 152-Unit, Value-Add Multifamily Community, located in Brooksville, Florida (Tampa Bay Metro)

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JBM™ launched to market Candleglow apartments. Completed in 1987, Candleglow is an attractive garden-style apartment community with a Victorian flare positioned amongst a 10.18-acre, maturely landscaped site. The Property is centrally located in one of the most desirable areas of Brooksville, proximate to several of Hernando County’s largest employers, hospitals and retail centers supporting the ability to attain higher rents.

Candleglow represents a true value-add opportunity due to the scarcity of quality multifamily products within the sub-market, with its highly desirable central Brooksville location, functional one and two-bedroom floor plans and attractive amenity package. The Property is primed for the continuation of a comprehensive renovation program. An approximately schemed renovation which refreshes the exteriors and addresses unit interior finishes will provide an attractive return on investment for new ownership, positioning the Property to outperform its market competitors going forward.

About JBM™ Institutional Multifamily Advisors

JBM™ Institutional Multifamily Advisors is the most reliable source of brokerage services in the institutional multifamily asset and investment industry with Florida offices located in Tampa, Orlando, and Naples. JBM™ specializes in the sale of high-rise, mid-rise and garden style apartment communities throughout the Southeast United States and focuses exclusively on asset disposition services, capitalization and recapitalization of existing and merchant development opportunities of large apartment type portfolios and singular assets for Domestic and Foreign Institutional, Private National and Regional clientele. The firm’s collective team efforts have exceeded $8.9 Billion and over 102,000 apartment units listed, marketed and sold. The firm delivers a strong legacy of excellence in representation and the most effective investment sales platform throughout the Southeast United States, meriting Jamie May and JBM™ as a trusted leader in the multifamily industry.

If you would like more information about this property or to schedule an interview with Jamie May, Chairman & CEO, or Eddie Yang, Principal and Executive Director, please contact Claudia Raines at 813.812.5003 or email. To learn more, please visit: JBM.com

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Claudia Raines
@JBMmultifamily
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