Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

Enter the "Deal room" for exclusive documents related to this property.

I accept the confidentiality agreement I accept the confidentiality agreement

Key Facts

Year Built 2005
Building Area
Number of units 306

Property Description

Jones Lang LaSalle Americas, Inc. (JLL) as exclusive advisor, is pleased to present the opportunity to acquire ARIUM Grandewood Apartments, a 306-unit garden rental community located in South Orlando. The property is just south of the Beachline Expressway, directly across from Darden Restaurants’ 650,000 square feet Corporate Headquarters, and just north of the 500-room Ritz Carlton and 1,000-room JW Marriott.

Completed in 2005, this centrally located property offers unique features and compelling value-add upside. With original interior finishes and neighboring newly built assets garnering rents that are $0.40-0.50 per square foot/month higher, ARIUM Grandewood is well-positioned for meaningful gains in the immediate future.

Investment Highlights

  • Original interior finishes allow for a true value-add opportunity with neighboring assets garnering rental rates more than $400/month higher
  • Location within minutes of two Fortune 500 companies (Lockheed Martin and Darden Restaurants) and SouthPark Center (1.5M square feet Office/Industrial), Southridge Commerce Park (1.2M square feet Office/Industrial) and Lake Nona Medical District (5M square feet Office/Retail)
  • Residents of ARIUM Grandewood enjoy walkability to highly rated grade schools at all levels
  • Easy access to the major arterial roadways via John Young Parkway, The Beach Line Expressway (SR 528) and U.S. Hwy 441
Last Updated Date: 18 Sep 2020
Ken DelVillar
Ken DelVillar
Managing Director, Capital Markets
Jay Ballard
Jay Ballard
Managing Director, Capital Markets

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

+13129406848
Last Updated Date: 18 Sep 2020

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.