Solamar Apartment Homes_Property for Sale
Solamar Apartment Homes_Property for Sale
1851 Encantado Way, Kissimmee, FL, 34746, US

Solamar Apartment Homes

Asset Description

Jones Lang LaSalle Americas, Inc (“JLL”) is pleased to exclusively present the opportunity to acquire Solamar Apartment Homes (“the Property” or “Solamar”), a 210-unit, new construction build-to-rent townhome community located in Kissimmee, Florida within Osceola County – the fastest-growing county in the Orlando MSA and the 10th fastest-growing nationwide. Solamar benefits from immediate access to US Hwy 192 and the I-4 corridor, offering direct connectivity to the city’s main demand drivers including Walt Disney World, Orlando’s largest employer with over 77,000 employees, and linking the city directly to major Florida destinations including Tampa, Lakeland, and Florida’s Space Coast.


Additionally, The Property is zoned for the A-rated Celebration High School, making it a highly desirable option for families, and is walking distance to Walmart, Aldi, Chipotle, Wawa, among others. The Property presents an exceptional opportunity to acquire a new construction community in a high barrier to entry market given the burdensome impact fees. Solamar features large format 2- and 3-bedroom townhomes with private entries, semi-private backyards, and elegantly designed unit interiors. Further differentiating the Property is its institutional set of amenities offering residents the benefits of single-family living while enjoying the convenience of a purpose-built community. The combination of a premium product, best-in-class amenities, and a fast-growing location position Solamar for future growth.

 

 

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Attributes

Number of units
210
Occupancy
90%
Year built
2023
Building area net
22,046 m²
Land area gross
5.82 ha

Media

Investment Highlights

  • Differentiated & Low Inventory Build-to-Rent Townhome Product
  • Value Proposition: Renting vs. Buying
  • Explosive Population and Job Growth
  • New Construction Community with Income Upside Potential
  • Proximate to A-Rated Schools Walkable to Prime Retail
  • Excellent Connectivity to Major Employment Centers
Solamar Apartment Homes 4_Property for Sale
Solamar Apartment Homes 4_Property for Sale

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Solamar Apartment Homes (0 Properties)

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Last updated
8 Oct 2024