Project
Representing a total of 362 multi-family units in the Orlando, Florida sub-market of Lake Mary, Lake’s Edge Apartments presented an opportunity to purchase a well located asset at a substantial discount due to property foreclosure in 2011. Built in the year 2000, this property presented an opportunity to apply professional management and smart upgrades to dramatically improve the NOI of the property. The overall investment goal was to purchase at a discount, improve NOI, and operate to generate significant investor cash flow.