Property Overview
Jenny Towers is located northeast of the Miami Commercial Business District in the core of Miami's Health District. Within a few blocks of Jenny Towers are institutions employing over 38,000 workers including:
- Jackson Heath System
- National Parkinson Foundation
- Bascom Palmer Eye Institute
- Batchelor Children's Research Institute
- Braman Family Breast Cancer Institute
- VA Hospital
- Center on Aging
- University of Miami - School of Medicine
- Miami Project to Cure Paralysis
- Diabetes Research Institute
- Sylvester Cancer Center
- Vascular Biology Institute
In addition to the comprehensive medical and bio-medical employers, the area boasts over 15,200 non-medical school students attending the Miami-Dade College - Medical Center Campus and Lindsey Hopkins Technical Education Center and is home to the four main courthouses of the Eleventh Judicial Circuit of Florida.
Less than three miles to the west is Miami International Airport, the 3rd largest airport in the United States, based on both passenger count and cargo; the largest cargo airport in the United States if the two airports housing FEDEX and UPS operations are excluded. This employment hub pushes total employment to almost 210,00 jobs, many of which are in operations that function on a 24/7/365 basis. For a detailed demographic analysis, please click here.
Jenny Tower sits on slightly lass 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 Tower is designed in a V shape format. Each floor contains 8 units, except for the first floor which has 3 units. All floors are configured identically and comprise a total of:
- 1 bedroom/1 bathroom 58 units
- 2 bedroom/2 bathroom 57 units
Of the 115 units, 14 sales have closed. There are no pending sales contracts nor are any of the collateral units under or available for lease. The units remaining as collateral for the note being sold are:
- 1 bedroom/1 bathroom 49 units
- 2 bedroom/2 bathroom 52 units
The collateral contains the following square feet:
| Type of Residential Unit | Bank Owned Units Sq. Ft. with Terrace |
Bank Owned Units Sq. Ft. without Terrace |
|---|---|---|
| 1 Bedroom / 1 Bathroom | 36,478 | 33,212 |
| 2 Bedroom / 2 Bathroom | 68,019 | 61,090 |
| TOTAL | 104,497 | 94,302 |
Jenny Tower boast's impressive accommodations for its residents including:
- Balconies in all units
- Extra storage rooms on each floor
- Fully equipped, mirrored work-out room
- Well appointed main lobby with marble floor entry feature, public bathrooms and a security/concierge desk
- Units pre-wired for voice, cable & data
- Activity room
- Pool & sun deck
- Wireless internet access to all first floor common areas and pool deck
