Preferred Apartment Communities Snags Orlando Apartments for $62M

Preferred Apartment Or Condo Communities Snags Orlando Apartments for $62M

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Preferred Apartment Communities has actually gotten The Blake, a 281-unit apartment or condo home in Orlando’s Wintertime Springs submarket. The prices was $62 million.

Found at 151 Michael Blake Blvd., the property is within the Winter Months Springs Town Facility mixed-use community. The Blake includes one-, 2- and three-bedroom units ranging from 698 square feet to 1,374 square feet. Services consist of a resort-style swimming pool, outside fire pit, 24-hour physical fitness club, a clubroom with billiards as well as gaming as well as co-working spaces, a pet medspa as well as immediate access to the 27-mile Cross Seminole Trail.

Matt Wilcox, Brett Moss, Cole Whitaker and Tyler Swidler of Berkadia stood for the sellers, Driver Development Partners as well as HQ Capital, in the purchase.

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