Village at Rosemont Preserve
Closed5300 Cinderlane Pkwy, Orlando, FL 32808
Property type
Multifamily
Unit / Space count
144
Price
$8,850,000
Building size
141,315 sf
Rentable area
141,315 SF
Year built
1984
Year renovated
Occupancy
Zoning code
Lot size
7.33 Acres
Sold/status
Sold · Date unknown
Sale price
$8850000
Bedroom count
Property description
The Village at Rosemont Preserve is a multifamily investment offering located in Orlando, Florida. The property consists of 11, two-story buildings situated on 7.33 acres. The buildings were constructed in 1984 of concrete block with stucco exterior walls. The roofs are pitched with composition shingles and the units are cooled with a central HVAC system. The unit mix at the subject consists of 24-1Bdr 1Bath apartments at 701 square feet, and 120-2Bdr 2Bath apartments at 948 square feet. 26% of the units on site have been completely upgraded and 44% have been partially upgraded, leaving significant rental upside through the completion of the capital projects.