NAI Miami Commercial Real Estate Services, Worldwide is the exclusive advisor for MUNB Loan Holdings, LLC and is offering on their behalf a promissory note in the original amount of $20,300,000 secured by 101 of 115 residential condominium units in the recently completed 15-story Jenny Tower condominium in Miami, Florida.
Jenny Tower sits on slightly less than one acre of land. The newly constructed 15-story building is supported by a six-story, 192 space gated, secured parking garage or a ratio of slightly more than one parking space per bedroom. Access from the parking garage is available through floors 1 – 6.
Jenny Towers is an ideal opportunity either as an immediate resale of individual units or conversion into a rental community with a long-term holding period.
