Description

Completed in 2024 and developed by Parkway, Skyline at Westfall Station (“the Property”) is a Class AAA, low-density multifamily community in Clermont, Florida. At 300 units across 19 two-story buildings and 23 acres, Skyline offers direct-entry, single-family-style living experience unmatched in the competitive set. It is the only new-construction property in the submarket to build integrated, direct-entry garages into the homes. The spacious floorplans average 1,082 SF, with three-bedroom units reaching up to 1,477 SF, capturing demand from families and professionals looking for spacious layouts. The expansive amenity package includes a 1,700 SF pool with sundeck and fire pit, pickleball court, private day offices and conference rooms, a fitness center with attached playroom, and a dedicated bark park and paw spa.

Skyline is positioned with immediate access to Colonial Drive and just minutes to the entrance to Florida’s Turnpike, providing residents seamless connectivity to the whole of the Orlando MSA and the region’s major employment centers. The Property sits within a submarket experiencing transformational population and employment growth, anchored by the $271 million AdventHealth Minneola hospital (200,000 SF, 500 new jobs, opened December 2025) and Orlando Health South Lake Hospital’s new patient tower. Just 20 minutes away, the Olympus Project — a 240+ acre sports and wellness campus within Clermont’s 16,000-acre Wellness Way corridor is expected to deliver 1,000+ hotel rooms, 1M+ SF of commercial space, 2,800 jobs, and $1.5 billion in economic impact. Four active infrastructure projects — including the SR-516 expressway and Independence Parkway extension — are cutting commute times across the submarket, with most segments completing in 2027. Clermont itself has been named the #1 Best Place for Young Professionals and #2 Best Place to Live in Lake County (Niche, 2025), with $45 million in mixed-use redevelopment now under construction in Downtown Clermont.

Skyline is zoned for an all A-rated public school corridor — Grassy Lake Elementary, East Ridge Middle, and East Ridge High — and sits minutes from Montverde Academy, ranked the #1 Most Diverse Private High School in Florida, with $15M+ in scholarships and 100% college acceptance for the Class of 2025. The trade area supports a premium resident base with average household income at the property of $125,814. With current market rents at $2,127 representing just 20% of average household income — well below the 30% affordability threshold — resident income provides a wide affordability cushion, meaning rents could rise 48% to $3,145 before approaching that ceiling. Exceptional supply constraints, with only one competing deal under construction and one project finishing lease-up within a 3-mile radius, further support the Property’s rent growth trajectory. Combined with Clermont’s explosive growth and transformational healthcare and infrastructure investment, Skyline at Westfall Station is positioned as one of the premier multifamily investment opportunities in Central Florida.

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