Cedar Ridge at Forest Lake_Property for Sale
Cedar Ridge at Forest Lake_Property for Sale
2860 Cedar Ridge Court, Davenport, FL, 33837, US

Cedar Ridge at Forest Lake

Asset Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present Cedar Ridge at Forest Lake (“the Property”), a 70-unit detached build-to-rent ("BTR") community built in 2023 and located in the Forest Lake neighborhood of Davenport, FL. This southwest suburb of Orlando in Polk County boasts high average household incomes of $97,812 within 1-mile of the Property, and convenient access to I-4 providing residents with easy access to the major employment hubs in Orlando and Tampa. The Property features impressively large and efficiently designed 3-, 4-, and 5-bedroom floor plans, all offering 2-car garages, private fenced yards, luxuriously appointed interiors, and concrete block construction. Further differentiating the Property is its location within the broader Forest Lake community, which allows residents access to the centralized amenities that include an expansive resort-style pool, playground, and clubhouse. Combining its best-in-class quality and highly desirable, fast-growing location, the Property is poised to deliver strong performance for years to come.

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Attributes

Number of units
70 units
Year built
2023
Building area net
12,259 m²
Land area gross
5.06 ha

Media

Investment Highlights

  • EXPERIENCE OF OWNING,  SIMPLICITY OF RENTING
  • ​​​​​​​DIFFERENTIATED PRODUCT TYPE
  • DESIRABLE COMMUNITY ATTRIBUTES WITH CONVENIENT AMENITIES
  • IMMEDIATE ACCESS TO PRIME RETAIL AND MEDICAL
  • CENTRAL LOCATION WITH CONNECTIVITY TO MAJOR EMPLOYERS
  • NATION-LEADING GROWTH


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Last updated
20 Mar 2024