Citrus Growth Portfolio

Posted: 8/18/2021
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Under Contract
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About

About Citrus Growth Portfolio

Cushman & Wakefield, as exclusive agent, is pleased to present the opportunity to acquire The Citrus Growth Portfolio, a landmark offering encompassing 12 communities and totaling 3,976 units in three of the nation’s fastest growing markets - Orlando, South Florida, and Sarasota/Bradenton. The Portfolio offers immediate critical mass in one of the nation’s most desirable and high-growth regions as well as the opportunity to meaningfully increase rents through interior improvements. Though well maintained, unit interiors are over 90% original finishes, and the majority of interiors renovations were completed over a decade ago. The Portfolio has benefitted from a long history of institutional ownership and is in good physical condition, allowing the buyer to concentrate capital on revenue-generating improvements.

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