Royal Oaks Apartments – Closed on June 28, 2017

Royal Oaks Apartments – Closed on June 28, 2017

Price: $ 16,500,000

Total Number of Units: 216

Address: 4793 N Pine Hills Rd, Orlando, FL 32808, United States

  • 216 Units in Orlando, Florida
  • Built in 1992 and Renovated in 2016
  • Upgraded Unit Interiors
    • New Vinyl Wood and Carpet Flooring
    • Modern White, Shaker-Style Cabinetry in Kitchens and Bathrooms
    • New Brushed Nickel Cabinetry Hardware, Faucet and Lighting Fixtures
    • Resurfaced Countertops
    • New Kitchen Appliances
  • Favorable Unit Mix
    • All Two and Three-Bedroom Floor Plans
    • Average Unit Size – 955 Rentable Square Feet
  • Average Effective Rents $150+ Below Market Rate
  • $150,000 In-Place Loss-to-Lease Upside for New Investor

Offers will be evaluated upon receipt.

View Documents

Location Highlights

Close Proximity to Major Regional Employers:
  • Walt Disney World Resort (Most Visited Attraction in the World with 52.5 Million Visitors Annually and 66,000 Employees)
  • Universal Resort Orlando (12,000 Employees)
  • Sea World Orlando (5,700 Employees)
  • Orlando Regional Medical Center (4,900 Physicians and Nurses)

Additional Photos

, , ,