Bush Apartments — Sale in Jupiter, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Jupiter, FL 17345

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Investment Figures

Cap rate
6.15%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present Bush Apartments, a 12-unit multifamily property located at 17345 Bush Road in Jupiter, Florida. Built in 1988, the property totals 11,248 gross square feet and is situated on a 1.00-acre lot. The asset consists of two single-story buildings constructed of concrete block with pitched composite shingle roofs. The property is comprised entirely of twelve two-bedroom/one-bathroom units, offering spacious floorplans that continue to experience strong demand in the Jupiter rental market. Each unit is equipped with central air conditioning, a private patio, and an in-unit washer and dryer, providing a highly desirable amenity package for residents. Additionally, each unit is separately metered for water, helping reduce operating expenses and improve expense recoverability. Bush Apartments is ideally located just minutes from Interstate 95, Florida's Turnpike, and Indiantown Road, providing convenient access to major employment centers throughout northern Palm Beach County. Residents benefit from proximity to Jupiter Medical Center, Abacoa, Alton Town Center, Roger Dean Chevrolet Stadium, and some of South Florida's most desirable beaches, golf courses, and recreational amenities. The surrounding area continues to benefit from strong population growth, high household incomes, and limited multifamily development, supporting long-term rental demand. Bush Apartments presents a rare opportunity to acquire a low-density multifamily community in one of South Florida's most desirable rental markets. The combination of spacious two-bedroom units, durable construction, in-unit amenities, and a prime Jupiter location positions the property for stable cash flow and long-term appreciation. Investment Highlights: • 12 Spacious Two-Bedroom Units Across 2 CBS Buildings On A One-Acre Site • In-Unit Washers & Dryers, Private Patios, And Central A/C Throughout • Units Separately Metered For Water • Prime Jupiter Location Near I-95, Abacoa, Jupiter Me

Market Context

This multifamily in Jupiter, FL is listed for sale. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Jupiter, FL — view the full market.

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