CALL FOR OFFERS MARCH 6, 2019
Available Individually or in Conjunction with Lakes at North Port

Cushman & Wakefield, as exclusive advisor, is pleased to present The Park at Ashley Place, located in New Port Richey, Florida. The asset is a 143-unit class "B" garden-style apartment community built in 1986 of concrete block construction.

The Park at Ashley Place offers a high impact value-add upside. Based on current market competitive set analysis, a value-add program will allow monthly market rents to be increased by an average of $212 per unit from the current in-place rents.

The community is just over a 30-minute commute to Downtown Tampa, Tampa International Airport, the Westshore Business District, plus only minutes from "A" rated Trinity Hospital and over 24 million square feet of new office and industrial space.

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The Park at Ashley Place
143 Units
4031 Vista Verde Drive
New Port Richey, FL  34655
Closed: 8/8/2019

Cushman & Wakefield, as exclusive advisor, is pleased to present Mezzo of Tampa Palms, a 340-unit value-add multifamily asset located in Tampa, Florida. Constructed in 1992, the property features 3-story walk-up buildings with large units averaging 1,193 square feet. The seller has invested approximately $3.4 million in capital improvements consisting of extensive exterior renovations, amenity enhancements and partial unit upgrades.

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Mezzo of Tampa Palms
340 Units
15210 Amberly Drive
Tampa, FL  33647
Type:  Multifamily
Closed: 8/1/2019

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 271-unit Sterling Pointe apartment community located in Ocala, Florida. The asset is situated in the desirable area of the North Ocala Submarket. Built in the early 1980's to early 2000's, Sterling Pointe offers an outstanding value-add opportunity that would result in Effective Rental Income growth of 31% and a 22% Return-on-Investment once fully implemented.

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Sterling Pointe
271 Units
3480 NE 48th Terrace
Ocala, FL  34488
Type:  Multifamily
Closed: 7/31/2019
CALL FOR OFFERS MARCH 6, 2019
Available Individually or in Conjunction with The Park at Ashley Place

Cushman & Wakefield, as exclusive advisor, is pleased to present Lakes at North Port, located in North Port, Florida. The asset is a 312-unit value-add, multifamily community built in 2000 of tunnel form concrete block construction.

Lakes at North Port offers a significant value-add opportunity through unit renovations, and the ability to achieve $268 average rent premiums increasing effective rental income by 22%.

The community is just over a 30-minute commute to Downtown Sarasota and Fort Myers encompassing over 700,000 jobs.

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Lakes at North Port
312 Units
1015 Ohana Way
North Port, FL  34289
Type:  Multifamily
Closed: 7/25/2019

The Cushman & Wakefield Multifamily Advisory Group is pleased to present the exclusive listing of the 132-unit Saddle Cove Townhomes located in Gainesville, Florida. This asset is situated in the desirable Gainesville-University South submarket. Built in 1979 of concrete block construction, Saddle Cove Townhomes offers an outstanding opportunity to invest in this well-designed community that offers a significant value-add opportunity while also capitalizing on the $1,100,000 +/- improvements recently implemented.

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Saddle Cove
132 Units
3010 SW 23rd Terrace
Gainesville, FL  32608
Type:  Multifamily
Closed: 6/20/2019
Calais Park offers an investor the opportunity to significantly enhance revenue and value through implementation of a market-supported unit upgrade program. Construted in 2003, the apartments at Calais Park are among the largest in the region. The community is positioned along Interstate 275, immediately proximate to an I-275 interchange placing it within minutes of several large employment centers and the downtown St. Petersburg entertainment district.
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Calais Park Lofts
261 Units
5800 Calais Lane
St. Petersburg, FL  33714
Closed: 2/14/2019
Sold
Lakehouse Luxury
125 Units
3003 S Frontage Road
Plant City, FL  33566
Closed: 1/15/2019
Mosaic at the Forum, Fort Myers’ newest luxury rental community offers an investor the opportunity to participate in the top tier of the rapidly-expanding Southwest Florida multifamily market. As of early-2018, the property is completing its initial lease-up and approaching stabilization. Mosaic offers a contemporary design, market-leading apartment features and a broad array of community amenities. It enjoys extraordinary visibility (86,000 cars daily) by virtue of direct Interstate frontage and unmatched convenience with over 1 million square feet of retail space at its doorstep.
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Mosaic at the Forum
252 Units
3100 Champion Ring Road
Fort Myers, FL  33905
Type:  Multifamily
Closed: 11/5/2018
Cushman & Wakefield, as exclusive advisor, is pleased to present a multifamily investment opportunity to acquire The Canopy Apartment Villas, a value-add residential asset located in Orlando, Florida. Canopy Apartment Villas offers unique single-story villas and townhomes with some of the largest floorplans in the submarket. Built in 1981, the property underwent extensive capital improvements in 2008 with the replacement of the property’s roofs, windows and siding, ultimately reducing the effective age.
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Canopy Apartment Villas
296 Units
5762 Folkstone Lane
Orlando, FL  32822
Closed: 10/12/2018
Cushman & Wakefield is pleased to present a multifamily investment opportunity to acquire Deerwood Village, a 328-unit garden investment opportunity located in Ocala, Florida. The property is comprised of 40 two-story residential buildings featuring a big-house design with a large average unit size of 1,015 square feet. Current ownership has spent over $5.0 million on capital improvements since 2015, including fully renovating approximately 50% of the units as well as renovating the clubhouse, expanding the fitness center, updating the poolside amenities, new exterior paint and upgraded landscaping.
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Deerwood Village
328 Units
1850 SE 18th Avenue
Ocala, FL  34471
Closed: 10/9/2018
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Arrow Ridge
320 Units
4100 Arrow Ridge Place
Kissimmee, FL  34741
Type:  Multifamily
Closed: 7/2/2018
Sold
Princeton Park
200 Units
4714 Crosswind Court
Melbourne, FL  32904
Closed: 5/22/2018

Plantation at Walden Lake is a 352-unit, garden apartment community located in Plant City, Florida. The property was constructed in phases from 1990-1994, consisting of 23, two-story apartment buildings situated on 43+ acres. The Property offers a mix of well-appointed one-, two- and three-bedroom apartments along with a comprehensive array of recreational and community amenities.

Plantation at Walden Lake has had the benefit of attentive, professional management and the property is in excellent physical condition. During the past 3 years, the seller has invested $1.8 million in capital improvements, including community amenity enhancements and interior updates to 43 (12%) of the units. The significant number of un-renovated units positions Plantation at Walden Lake as an exciting value-add investment opportunity.

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Plantation at Walden Lake
352 Units
1400 Plantation Boulevard
Plant City, FL  33567
Closed: 4/19/2018

Cushman & Wakefield, as exclusive advisor, is pleased to present the extraordinary opportunity to acquire Murano at Grande Lakes (the Property). Murano is an iconic suburban residential mid-rise located in South Orlando, just south of the Beachline Expressway directly across John Young Parkway from Darden Restaurants 650,000 corporate Headquarters, and just north of the 500-room Ritz Carlton and 1,000-room, JW Marriott. It is strategically located between Orlando’s International Drive Tourist Corridor and the Orlando International Airport.

Murano is where luxury living meets a premier Orlando location. This coveted and irreplaceable four-story, surfaced parked asset opened in April 2016 and comprises 240 luxury apartment homes and 434 parking spaces. Upgraded finishes and resort-style amenities blend modern living with all the traditions of home.

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Murano
240 Units
9932 Grande Lakes Blvd
Orlando, FL  32837
Type:  Multifamily
Closed: 2/20/2018
Cushman & Wakefield of Florida, Inc. is pleased to present the exclusive offering of Reflections Apartments, a 336-unit, Value-Add opportunity. The property is located in Casselberry, approximately 10 miles north of downtown Orlando, offering convenient access to all parts of Central Florida.
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Reflections
336 Units
100 Reflections Circle
Casselberry, FL  32707
Type:  Multifamily
Closed: 9/29/2017
Cushman & Wakefield of Florida, Inc. is pleased to present the exclusive offering of Ocean Oaks, a 296-unit, Value-Add opportunity. The property is centrally located in scenic Port Orange, Florida, within the Deltona-Daytona Beach-Ormond Beach Metropolitan Statistical Area (MSA). The region is part of the "Fun Coast" and best known for its tourism industry attracting millions of visitors each year due to its proximity to beaches and playing host to a number of motorsport events.
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Ocean Oaks
296 Units
1645 Dunlawton Avenue
Port Orange, FL  32127
Type:  Multifamily
Closed: 9/26/2017
Cushman & Wakefield NorthMarq is pleased to present the Doran student housing portfolio which includes The Bridges and The Knoll. This luxury, award-winning portfolio offers trophy-quality in both construction and status in the University of Minnesota (U of M) marketplace.
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Bridges and Knoll (2 properties, 311 units)
The Bridges
210 Units
930 University Avenue SE
Minneapolis, MN  55414
Closed: 7/14/2017
Cushman & Wakefield NorthMarq is pleased to present the Doran student housing portfolio which includes The Bridges and The Knoll. This luxury, award-winning portfolio offers trophy-quality in both construction and status in the University of Minnesota (U of M) marketplace.
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Bridges and Knoll (2 properties, 311 units)
The Knoll
101 Units
1101 University Avenue SE
Minneapolis, MN  55414
Closed: 7/14/2017
Sold
Advenir at Broadwater
408 Units
6677 Tanglewood Bay Drive
Orlando, FL  32821
Type:  Multifamily
Closed: 6/29/2017
The Haven at West Melbourne is a 336-unit, Class A, multifamily community located in Brevard County. The Haven offers convenient access to Interstate 95 and U.S. Highway 1, which makes the area readily accessible to virtually all of Florida including Orlando’s largest employers and the award-winning Space Coast beaches.
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The Haven at West Melbourne
336 Units
4550 Explorer Drive
West Melbourne, FL  32904
Closed: 5/18/2017
The Offering Memorandum is available. Please call to set up a site tour.
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Tuscany Place
288 Units
3240 SW 34th Street
Ocala, FL  34474
Type:  Multifamily
Closed: 1/23/2017
Sold
Crest at Millenia
252 Units
5100 Millenia Waters Drive
Orlando, FL  32839
Type:  Multifamily
Closed: 10/5/2016
Sold
The Element at Metrowest
301 Units
2207 Lake Debra Drive
Orlando, FL  32835
Type:  Multifamily
Closed: 7/7/2016
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Preserve at Lakeland Hills
432 Units
4920 State Road 33 North
Lakeland, FL  33805
Closed: 6/15/2016