JBM Institutional Multifamily Advisors has exclusively listed Mark Lane, a brand-new, four-story, concrete block, Class A+ trophy asset located in Naples, Florida. This luxurious property is comprised of 286 units, averaging 1,050 square feet, situated on 18.59 acres. Mark Lane boasts an exceptionally affluent tenant base with an average household income exceeding $258,000. A Call For Offers date is set for September 26, 2024.
Mark Lane showcases an unparalleled, ultra-modern amenity package, designed to elevate the resident experience. It features a resort-style, zero-entry, heated pool with shaded cabanas, outdoor kitchen lounges, a commercial quality demonstration kitchen, EV chargers, a fenced-in dog park, and a state-of-the-art fitness center with Life Fitness equipment overlooking the pool. The two-story modern clubhouse offers lounge areas, fresh ground Starbucks coffee, billiards, co-working spaces, and a conference room. With 96 garages, 117 storage units, and 111 reserved parking spaces, Mark Lane provides significant “other income” opportunity to boost NOI.
The property includes a diverse mix of one, two, and three-bedroom units. These modern unit interiors feature spacious, open-concept floor plans with upscale LVT flooring throughout. Chef-inspired kitchens include quartz countertops, stainless steel appliances, white shaker-style cabinets with gold hardware, single-basin undermount sinks, and designer tile backsplash. The luxury bathrooms are equipped with quartz vanities, glass walk-in showers, large soaking tubs with curved shower rods, oversized walk-in closets with motion sensor lights, and 53 units even offer fenced-in yards.
Mark Lane boasts exceptional connectivity, located on Immokalee Road (10,700+ ADT) and Collier Boulevard (43,000+ ADT), one of the most prominent intersections in Naples. Notable tenants within a half-mile radius include Outback Steakhouse, ACE Hardware, Physician’s Regional, Publix, CVS, Walgreens, Aldi, Starbucks, NCH Emergency Department, Chipotle, and much more. Mark Lane is zoned for “A” rated schools, all of which are within a 5-minute drive. Naples is ranked #1 Best Places To Live In The U.S.A. (U.S. News & World Report, 2024-2025).
JBM® holds a 70%+ market share across Southwest Florida and is the #1 ranked boutique brokerage firm in the U.S.A., despite only transacting in Florida. Green Street’s 2023 national multifamily broker rankings rank JBM® as the #1 highest average sold price per transaction throughout the entire U.S.A. and #1 highest average sales price per unit throughout Florida. JBM® has a lifetime transactions volume over $19.4 billion and 170,000 units.
Mark Lane is a prime investment opportunity, offering a luxurious lifestyle, a desirable location, and a strong track record of success. JBM®’s expertise in the multifamily market makes them the ideal partner to facilitate this transaction.
