BlueGate Partners, LLC arranges the sale
of Avalon Charles Pond, an AvalonBay owned 200-unit luxury apartment community
constructed in 2009 in Coram, Suffolk County, New York. The Property contains
one- and two-bedroom apartment homes with select units that include desirable
loft and/or den layouts. Spread throughout nine, three-story buildings, the 12
unique floor plans feature gourmet kitchens with contemporary cabinetry,
spacious walk-in closets and private balconies or patios.
The Community also offers a wide range of
amenities including a resort-style swimming pool with sundeck, a state-of-the-art
fitness center, a fully-furnished resident clubhouse with lounge and billiards
room, a landscaped barbeque area and a children’s playground. Located
conveniently close to shopping and local amenities, and enjoying easy access to
major thoroughfares, the Avalon Charles Pond presents a unique opportunity to
acquire an outstanding institutional quality asset with value-add potential.
BlueGate is a boutique real estate investment banking firm with offices in New York and Palm Beach, and offers services in the areas of investment sales, portfolio and property financing, and debt and equity capital raising for real estate projects.