About SODO House, SODO By the Lake, and Barton Court
Cushman & Wakefield has been exclusively engaged to arrange the presale of SODO House, SODO House by the Lake, and Barton Court in St. Cloud - three Class A rental townhome developments located within the Orlando MSA. The opportunities can be pursued as a portfolio or individually, and consists of 98 total units, with nine existing townhomes, 23 units delivering in the third quarter of 2022, and 66 units delivering in the fourth quarter of 2022. The Portfolio represents the chance to acquire differentiated rental product that provides exposure to high-end infill and suburban growth locations capturing full spectrum of renter demand in the metro, which is forecast to be a Top 5 Employment and Population Growth metro over the next five years (among the 50 largest US metros).
SODO House and SODO House by the Lake are two Class AA, infill rental townhouse developments located just south of Downtown Orlando in the SODO submarket. Totaling 23 units, SODO House is located just blocks south of Orlando Health’s 1,500+ bed Orlando Regional Medical Center campus and just north of the SODO shopping center, featuring multiple restaurants, big box retailers, and a Target. SODO House is also located in an Opportunity Zone. Comprising 25 units, SODO House on the Lake is located on the 265-acre, private Lake Holden, with the majority of units offering lakefront views, and is just a few minutes south of SODO House. Both Properties are also zoned for an "A" rated high school. SODO House and SODO House by the Lake are positioned extremely well to meet the demand for high-end, private residence rentals in the SODO neighborhood.
Barton Court in St. Cloud is a Class A, 50-unit, townhome, built for rent community located in the fast-growing southeastern portion of the Orlando MSA. The Property consists of nine existing townhomes delivered in 2008 and 2018, and 41 townhouse units currently under construction. New construction two-story townhomes will feature spacious three- and four-bedroom units with Class A finishes. The Property is positioned just off U.S. 192/Irlo Bronson Memorial Highway and provides direct access to the St. Cloud City Center, daily necessity retail, nearby medical employment, and convenient connectivity to other key metro employment hubs. Additionally, the Property is located within walking distance to K-12th grade schooling. Barton Court in St. Cloud is primed to take advantage of the exponential growth of the Orlando MSA that is funneled towards the south.