REO Transaction; Garden - style; in the City of Winter Park, one of the most affluent areas in the Orlando MSA, and only 1 mile E. of the 191 -acre campus of Full Sail Univ., a world leaders for degrees in entertainment; REO acquisition in partnership with Blue Rock Partners; underwent a $1.8M renovation to re position the asset in this very attractive rental market.
Information
Location
Orlando, FL
Property Type
Acquisition,Multifamily
Property Style
Garden Style
Description
Value-add investment
Size
168 Units
Acquisition Date
Oct 26, 2010
Net IRR
25%
Net Multiple
3.22x
Total Cap
9,855,100
GALLERY
