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| Legacy Parc apartments, Kissimmee, FL |
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| Luke Wickham |
ORLANDO, FL, August 8, 2013 -- CBRE is pleased to
announce that it has sold 210 units at Legacy Parc in Kissimmee for
$16,010,000. The community was built in 1990, and was purchased for condo
conversion in 2005.
The majority of the units reverted to rentals,
and the current buyer purchased 210 of the 320 apartments at the community. Luke
Wickham, Shelton Granade, and Justin Basquill of CBRE’s Orlando office
exclusively represented the seller in the transaction.
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| Shelton Granade |
Legacy Parc offers 1, 2, and 3 bedroom units averaging
1,001 SF, and an amenity package that includes a swimming pool, a fitness center,
a children’s playground, two tennis courts, and a sand volleyball court. The
210 units were 98% occupied at closing.
CBRE’s
Central Florida Multi-Housing Group continues to be the market leader, and has
closed more than $426,000,000 in the Orlando MSA thus far in 2013.
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| Justin T. Basquill |
For further information, please contact:
Shelton Granade, Luke Wickham or Justin Basquill
Executive Vice President, First Vice President. Director of Operations
T 407.839.3103, T
407.839.3130, T 407.839.3169
Licensed Real Estate Broker
189 S. Orange Avenue
Suite 1900
Orlando, FL 32801
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