The Palms at Magnolia Grove – Sold December 15, 2016

The Palms at Magnolia Grove – Sold December 15, 2016

Price: $ Market Bid

Total Number of Units: 352

Address: 2174 Sharp Court, Fern Park, FL 32730

  • 352 Unit, Multi-Family Community Located in a Rapidly Developing Submarket
  • 1970’s Vintage Assets Experienced 13.4% Year-Over-Year Rent Growth for the Casselberry/Winter Springs/Oviedo Rental Submarket
  • Excellent Unit Mix with a 44% Two-Bedroom Composition
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Location Highlights

Close Proximity to Essential Regional Economic Drivers Including:
  • Rollins College (3,040 Students)
  • Florida Hospital Orlando (#1 Hospital in Florida – U.S. News and World Report)
  • Univeristy of Central Florida (60,000 Students and 10,000 Employees)
  • Walt Disney World (52.5 Million Visitors Annually and 66,000 Employees)
 

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