100423 . 200 Unit Short Term Rental Portfolio

For Sale$90,000,000

100423 . 200+/- Unit Short Term Rental Portfolio, Orlando, FL 32809

  • Multi-Family

100423 . 200 Unit Short Term Rental Portfolio, Orlando, FL 32809 - Multi-Family Space

100423 . 200 Unit Short Term Rental Portfolio is located at 100423 . 200+/- Unit Short Term Rental Portfolio in the Sky Lake neighborhood, FL, Orlando, 32809. The Multi-Family building features a total of 368,750 Sqft.

Nearby Properties

Details

  • Price $90,000,000
  • City Orlando
  • Neighborhood Sky Lake
  • Zip Code 32809
  • Property Type Multi-Family
  • Property Size 368,750 Sqft
  • Date Updated 07 Apr, 2021

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

Description

Orlando, also known as the "Theme Park Capital of the World", attracting more than 68 million visitors, who spent over $33 billion in 2016, according to the Orlando Economic Partnership. Not only is the tourism industry one of the main driving forces in Orlando's economy, but the city itself has also become a leading tourism destination in the world. According to the U.S Dept. of Labor, the Orlando metro area had the “Highest Job Growth for 2015”. It was also named the “Best City for College Grads.”

Highlights

  • Class A qualifying 1031 replacement property today & ready for immediate close
  • Stress-free, Hassle-free property ownership with professional turnkey rental program
  • Purchase as few as 5 or as much as 250 homes
  • Solid 6% projected returns based on conservative ADR estimates (STR Reports) for Orlando resorts
  • Guaranteed 10% Developer Leaseback though Dec. 2020 (under-construction)
  • - Example: $400K Home = $40,000 net guaranteed annual return to investor
  • World-class 4-star vacation home resort - over 600 homes sold & operating onsite now
  • Short term rental program managed & staffed by world-class hotelier fully furnished 2- & 3-bedroom luxury vacation homes starting from the mid $300s
  • Five minutes from Walt Disney World
  • Award winning developer & resort with worldwide network maximizing occupancy
  • Professional full-time housekeeping, security, & management services assured
  • True peace of mind investing & rental rate consistency

FREQUENTLY ASKED QUESTIONS

What is the lease rate for 100423 . 200 Unit Short Term Rental Portfolio?

Rental asking rate at 100423 . 200 Unit Short Term Rental Portfolio is Subject To Offer per square foot.

What is the total square footage of 100423 . 200 Unit Short Term Rental Portfolio?

100423 . 200 Unit Short Term Rental Portfolio totals 368,750 square feet.

Sky Lake Demographics

The average household income in zip code 32809 is $62,448, from a total of 9,377 households. In terms of employment, there are 65.11 % white-collar and 34.89 % blue-collar jobs in zip code 32809.

Population

  • Total Population7,331
  • Male Population(50.7 %) 3,714
  • Female Population(49.3 %) 3,617
  • Median Age36.70

Income/Financial

  • Average Household Income$62,508
  • Median Household Income$44,767
  • Median Income 25-44$36,032
  • Median Income 45-64$52,382
  • Median Income Over 65$51,736

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Jeff Cline

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(602) 441-5354

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