Grand Reserve Apartment Homes

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to exclusively present the opportunity to acquire the Grand Reserve Apartment Homes ("the Property" or "Grand Reserve"), a 263-unit apartment community in Ocala, Florida.

Built in 2003, Grand Reserve is a distinctive apartment community, featuring rare "big house" low-density design with townhome-style direct entries, screened-in patios, and 90 garage spaces. The Property boasts resort-style amenities including a newly renovated clubhouse with coffee bar, modern fitness center, and pool with hot tub, while current ownership has invested approximately $5 million in comprehensive capital improvements that eliminate near-term capital requirements. With all units already renovated, new ownership can immediately capture rent premiums by aligning pricing with market comparables to drive NOI growth without significant upfront deployment. Located just off Interstate 75 with convenient access to Paddock Mall and surrounded by major employers including Amazon, FedEx, and Chewy distribution facilities, Grand Reserve benefits from Ocala's #1 national ranking for population growth and projected annual rent growth of 3.1% to 3.5% through 2030. The property's proximity to the World Equestrian Center, which attracts hundreds of thousands of visitors annually, further supports sustained local employment demand and creates a compelling investment opportunity in one of Florida's most affordable and fastest-growing apartment markets.