Wednesday, July 25, 2012

CBRE Orlando Brokers $12.5 Million Sale of Oakwood Village Apartments in Winter Park, FL




ORLANDO, FL -- CBRE is pleased to announce the sale of Oakwood Village apartments (top left and lower right photos) in Winter Park, FL for $12,500,000.

Built in 1973, the community features 278 units on Lake Nan with an average of 811 SF per unit. The property was 90% occupied at closing.

Shelton Granade and Luke Wickham ofCBRE’s Central Florida Multi-Housing Group exclusively represented the seller. The closing was CBRE’s second in two weeks and a marketleading 22nd multi-housing transaction locally in 2012 year to date.

Buyer interest in multi-housing assets in Central Florida has increased significantly.

For further information, please, contact

Central Florida
Multi-Housing Group of CBRE.
Shelton Granade
Executive Vice President
T 407.839.3103

Luke Wickham
Director of Operations
T 407.839.3130

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