Sunday, January 20, 2013

CBRE Orlando Closes 558-Unit Lakeside Community in Orlando, FL



Carlton Arms South Apartments, Orlando, FL
ORLANDO, FL -- CBRE is pleased to announce that it has completed the sale of Carlton Arms South apartments for $15,300,000.

Shelton Granade, Luke Wickham, and Justin Basquill of CBRE’s Orlando office exclusively represented the seller in the transaction.

Built in 1972, Carlton Arms South offers studio, 1, 2, and 3 bedroom floor plans averaging 721 SF. The community features two pools, a large clubhouse, and a fitness center, and was 90% occupied at closing.The closing was a market leading 33rd multi-housing transaction locally in 2012 for CBRE.

Contact:

Shelton D. Granade, Jr., Executive Vice President
CBRE | Investment Properties - Multihousing
189 S. Orange Avenue, Suite 1900 | Orlando, FL 32801
T 407 839 3103 F 407 404 5001

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