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| Sun Key Apartments, Winter Park, FL |
ORLANDO, FL -- CBRE is pleased to present Sun Key, a 596-unit multi-housing investment opportunity with a highly desirable Winter Park address.
With more than $12 million in capital upgrades in recent years, this infill community is the "best-in-class" asset in this high-demand, high-barrier-to-entry location.
The property is currently 94% occupied, and presents new ownership with the opportunity to acquire a luxury community with upside well below replacement cost and new Class "A" product.
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Price
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To be determined by market
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Number of Units
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596
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Year Completed/Renovated
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1987/2008/2012
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Occupancy
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94%
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Net Rentable SF
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513,680
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Construction Style
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Garden, 2- and 3-story
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This desirable entry point is likely to allow
investors to enjoy tremendous returns through modest property enhancements and
further market improvement going forward.
For a
complete copy of the company’s news release, please contact:
Shelton
Granade
Executive
Vice President
+1
407 839 3103
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