Varden Capital, along with its partner, Tellus Partners, are developing a multifamily project in Crestview, FL. The total project will consist of 318 apartment units and 44 "For Rent Townhomes" for a total unit count of 362.
The site sits in an exceptional location, near Crestview���s commercial hub and within close proximity to Highway 85 N, the major north/south thoroughfare that provides access to Interstate-10 and down to the Florida panhandle. Less than an hour south lies the worldrenowned beaches of Destin, Fort Walton, Miramar and Santa Rosa. The proposed project will be ���Best in Market��� as no quality apartment product is currently available for Crestview residents.
The Crestview-Fort Walton Beach-Destin MSA may be best known for the sugar white sands and emerald green waters, however, it���s also home to Eglin Air Force Base, the world���s largest Air Force installation. In addition, the area hosts the headquarters of the Air Force Special Operations Command (AFSOC), the 96th Test Wing and the 33rd Fighter Wing (F-35 graduate flying and maintenance training wing) among others.
Location
Old Bethel Road - Crestview, FL
Size
362 Units
Site Size (Acres)
29.4
Unit Mix
One, Two and Three Bedrooms
Sqare Footage Range
754-1,715
Community Amenities
Unit Amenities