The Emerson
Investment Overview
Project Overview
Built in 1996, The Emerson is a 140-unit, garden-style apartment community located at 6857 College Court in Davie, Florida. The property consists of 16 two-story residential buildings plus two amenity buildings, with a unit mix that is 100% two-bedroom/two-bathroom homes averaging 1,173 square feet. The property recently underwent a $1.5 million renovation with previous ownership upgrading unit interiors, resurfacing the pool, and upgrading fitness equipment. Further upside remains available through a light value-add program: 72 units remain to receive wood plank flooring upgrades, 128 units remain for quartz countertop upgrades, and smart home features can be added to all 140 units for an additional premium.
Property Highlights
The Emerson offers spacious, oversized two-bedroom/two-bathroom apartment homes averaging 1,173 square feet, featuring modern kitchens with stainless steel appliances, granite or quartz countertops, full-size washers and dryers, wood plank flooring, private patios or balconies, custom plantation-style blinds, spacious walk-in closets, and USB charging stations in every home.
The property is ideally situated adjacent to South Florida's Education Center, surrounded by over 65,000 students from institutions including Nova Southeastern University (25,000+ students), Broward College (30,000+ students), Florida Atlantic University's Davie Campus (5,000+students), and McFatter Technical College. The Emerson also offers outstanding access to employment, with 87.1 million square feet of office space within a30-minute drive spanning Fort Lauderdale, Boca Raton, Plantation, Cypress Creek, and surrounding submarkets. The property is located just 9 miles from Downtown Fort Lauderdale, 8 miles from Port Everglades, and just over 9 miles from Fort Lauderdale-Hollywood International Airport.
Davie, Florida is a well-established suburban community in Broward County offering residents excellent quality of life, top-rated schools, and proximity to major employment hubs. The Emerson benefits from over 9 million square feet of retail within three miles, including Tower Shops (430K SF) with Costco, Trader Joe's, and Chick-fil-A; Broward Mall (1M+ SF,100+ stores); The Fountains (490K SF) with HomeGoods, Kohl's, and Dick's Sporting Goods; and several Publix grocery locations nearby. The property is situated directly along I-595 (150,000+ vehicles per day), providing residents with swift access to employment centers throughout South Florida.
Amenities:
- Stunning Resort-Style Pool with New Lounge Furniture
- New Fenced Bark Park
- Newly Renovated Clubhouse and Wi-Fi Lounge with iMacs
- 24-Hour State-of-the-Art Fitness Center
- Beautiful Garden-Style Community Featuring Newly Renovated Interiors and Amenities
- Community BBQ & Picnic Area
- 24-Hour Package Concierge Service
- Door Side Valet Trash Service
- Complimentary Wi-Fi in Amenity Areas
- 24-Hour Emergency Maintenance
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