Thursday, August 29, 2013

VCBRE Orlando Closes 989-Unit Apartment Portfolio in Orlando's Rosemont Neighborhood

Apartment portfolio includes Village Lakes, Village Townhomes and Village Park
Rosemont Neighborhood, North Orlando, FL

Shelton Granade
 ORLANDO, FL-- CBRE is pleased to announce that it has sold an apartment portfolio consisting of Village Lakes, Village Townhomes, and Village Park in Orlando. Completed in 1985/86, the portfolio totals 989 units in the Rosemont neighborhood of Orlando.

Luke Wickham
Shelton Granade, Luke Wickham, and Justin Basquill of CBRE’s Orlando office exclusively represented the seller in the transaction. All three assets sold to a California-based owner/operator.

The properties offer 1, 2, and 3-bedroom floor plans with water views of Lake Orlando and individual amenity packages at each property including swimming pools, fitness centers, and clubhouses. The communities were 93% occupied at closing.

CBRE’s Central Florida Multi-Housing Group continues to be the market leader, and has closed more than $490,000,000 in the Orlando MSA thus far in 2013.

Justin T. Basquill
For a complete copy of the company’s news release, please contact:

Shelton Granade, Luke Wickham, Justin Basquill
Executive Vice President,  First Vice President,  Director of Operations
T 407.839.3103, T 407.839.3130, T 407.839.3169

No comments: