Apartments with hotel services planned in Davie

Miami /
Sep.September 13, 2015 02:00 PM

A 138-unit apartment complex with services similar to those of an extended-stay hotel is planned for Davie.

Construction is expected to begin in March on the WaterWalk Hotel Apartments, which will be located next to The Value Place, an extended-stay hotel at 5700 Reese Road in Davie.

The WaterWalk complex will have two four-story apartment buildings. Half of the 138 units will be furnished and half unfurnished.

Furnished units with hotel services  such as housekeeping and in-room breakfast service will rent for about $4,300 a month, and unfurnished units without hotel services will rent for about $2,000 a month.

The founder of WaterWalk Hotel Apartments is Jack DeBoer, who founded of such extended-stay hotel chains as Residence Inn, Summerfield Suites and Value Place.

The first WaterWalk apartment complex opened last year in Wichita, Kansas.

Wichita-based WaterWalk and Henley, a real estate investment firm in the United Kingdom, are investing in the development of the Davie apartment complex and five other properties.

The other four WaterWalk properties are planned for locations in Lake Mary, located north of Orlando; Albany, New York, and Charlotte, North Carolina. [Sun-Sentinel] — Mike Seemuth


Related Articles

arrow_forward_ios
Joint venture pays $64M for Davie RV park primed for industrial project
Joint venture pays $64M for Davie RV park primed for industrial project
Joint venture pays $64M for Davie RV park primed for industrial project
4199 Southwest 67th Avenue in Davie with Park Partners Residential's Rick Giles and Rosemurgy Properties' Alexander Rosemurgy (Google Maps, Park Partners, Rosemurgy)
Circle Capital Partners buys Davie apartments for $35M
Circle Capital Partners buys Davie apartments for $35M
Davie student housing complex scores $62M refi, construction loan
Davie student housing complex scores $62M refi, construction loan
Davie student housing complex scores $62M refi, construction loan
The Avenue Apartments at 6220 Reese Road in Davie (Photo via Avenue Davie)
Boardwalk Properties sued for alleged racial discrimination
Boardwalk Properties sued for alleged racial discrimination
Toll Brothers CEO Doug Yearley Jr. (Toll Brothers)
Toll Brothers launches sales at new luxury community in Davie
Toll Brothers launches sales at new luxury community in Davie
Raj Dhanda and 11000 Cameron Court (Credit: Google Maps)
Black Creek buys Davie apartments for $79M
Black Creek buys Davie apartments for $79M
Davie property and Will Blodgett, founding partner of Fairstead
Fairstead buys senior housing in Davie for $18M
Fairstead buys senior housing in Davie for $18M
2701 Jockey Circle in Davie, FL (Google Maps, iStock)
Leaked bank documents show South Florida real estate’s alleged ties to money laundering
Leaked bank documents show South Florida real estate’s alleged ties to money laundering
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...