Key Facts
StatusStabilized
Asset TypeMultifamily
Debt or EquityEquity
Realized IRR34.60%
Realized Net Multiple1.88x
Total Capitalization$12,825,000
Strategy
Value-Add
Property TypeGarden
Closing DateMay 2019
Number of Units396
Year Built2021
Property Details
Rosehill Preserve is a 396 unit, Class B+ apartment community that is centrally located between downtown Orlando and the Orlando International Airport (MCO). The Property benefits from its immediate proximity to prominent local and national retail, direct access to pedestrian trails along a water filled preserve and best-in-class amenity set including two pools, a master clubhouse, separate resident lounge, large gym and multiple dog parks. The garden community sits on 35 acres consisting of 20 buildings and is located within a tight submarket, which averages a 98% occupancy rate.
