FORT LAUDERDALE, FL—Altis at Sheridan Village, a new class AAAmultifamily community in Pembroke Pines, FL, is upfor sale. CBRE is representing the seller.

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Located at 16700 Sheridan Street, the luxurymultifamily project features 300 units averaging1,093 square feet. Each offers individual private entries.Residents started occupying the apartments in March 2014. Themultifamily property is now nearingstabilization.

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“This well-positioned opportunity—truly the highest qualityasset in this submarket—not only benefits from best-in-classamenities, but from The Altman Companies' proven track record forexcellence,” says Robert Given, vice chairman ofCBRE's Capital Markets, Multifamily. “With steady rent growthanticipated over the next few years, this represents a rare chanceto capture a significant investment return from a trophy asset inone of South Florida's most desirable markets.”

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Altis at Sheridan Village was completed earlier this year andoffers units in six floor plans. All units have nine-foot ceilings,walk-in closets, full-size washer-dryers and WiFi. The gatedmultifamily property has two lakes and conservation areas, garagespaces accessible from 124 units, and 36 climate-controlled storageunits. There's also a 24-hour fitness center, private cabanas, aheated beach-entry pool and other luxury amenities.

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Altis at Sheridan Village is close to Interstate 75 and theFlorida Turnpike, as well as employment centers, upscale shopping,dining destinations, and professional services. This is one of onlytwo rental communities located west of Interstate 75 and is withina few miles of the South Florida FBI Headquarters currently underconstruction.

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CBRE's Zachary Sackley, Gerard Yetming and Mary Kate Swann ofCBRE's Capital Markets, Multifamily are working with Given tomarket the property. The team is collaborating with CharlesFoschini and Christopher Apone of CBRE Debt & StructuredFinance.

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