CFH Group Revitalizes Affordable Rental Community in Miami
Riverwalk Property Near Miami's Health District Receives Facelift.
- Miami, FL (1888PressRelease) December 17, 2013 - CFH Group, a Miami-based, full-service real estate development and management company, is upgrading, and repositioning one of their newest acquisitions, Riverwalk Apartment Rentals, which is located near Miami's Civic Center/Health District, announced Tom Cabrerizo, CEO of CFH Group.
"We are excited to add Riverwalk to our growing list of managed properties and to restore the development into an asset the neighborhood and residents can be proud of," said Cabrerizo, whose companies currently own and manage more than 5,000 units within 30 properties predominantly in South Florida.
Located across from the Miami River at 1901 N.W. North River Drive, the 14-acre property consists of seven buildings and 336 units with one-, two- and three-bedroom floor plans ranging in size from 648 to 1,252 square feet. Despite the more common changes, such as paint and modern signage, that can really make a difference to a property's appearance, Riverwalk also underwent major renovations to its interior units, including ceramic tile floors, granite countertops, wood cabinetry, appliances and nickel-plated hardware. Residents can now enjoy a newly designed and more practical centralized outdoor amenity area featuring a playground, fenced dog park and relaxing gazebo with plenty of shaded sitting areas. The New Year will bring even more community improvements, including a 5,000-square-foot clubhouse with a business center, lap pool and state-of-the-art fitness facility.
With easy access to public transportation, Riverwalk is conveniently located near Miami's Civic Center/Health District, which includes Jackson Memorial Hospital, the University of Miami Hospital, the Miami Dade College Medical Center Campus and the Miami VA Medical Center.
Leasing is underway with prices starting at $950. The project is being financed by Sun Trust Bank and will be managed by CFH Group. For more information, please visit www.cfhgroup.com.
About CFH Group:
A privately-held corporation, CFH Group, under the leadership of CEO Tom Cabrerizo, acquires under-valued, under-managed, or physically distressed apartment communities and/or commercial properties in superior locations throughout Florida. Specializing primarily in the rental and multi-family housing arenas, the Miami-based company provides a turn-key approach to property management that services investors and lenders. Through CFH Group's in-house renovation program and affiliates, Paramount Depot and Paramount Nursery, major suppliers of quality building materials and plants and trees, the company successfully remodels, re-brands and repositions properties, maximizing value for the assets. Since its inception in 1998, CFH Group has acquired and operated over 18,000 multi-family units and over two million square feet of commercial property throughout the Southeast. CFH Group is headquartered in Miami, Fla. For more information, visit www.cfhgroup.com.
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