Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

Enter the "Deal room" for exclusive documents related to this property.

The Deal Room features confidential documents related to this property. To access the Deal Room, you will need to be logged in. If you don't have an account, please create one. More questions? Visit our FAQ.
I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Building Area
Land Area ()
Number of units 210

Property Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present the opportunity to acquire Solamar Kissimmee, a Class ‘A’ build-to-rent villa and townhome development in the Orlando MSA, via a forward-sale. The 210-unit community, will feature a mix of two and three-bedroom units designed over 35 buildings, with six attached one and two-story housing types with private entrances and backyards, providing a premium experience over conventional multifamily and offering tenants a true home feeling. The Property is strategically located minutes from NeoCity, a 500-acre master planned technology district that is currently under construction and is set to become a global center for smart sensors, photonics, nanotechnology R&D, and big data/predictive analysis. Set to be delivered in phases, Solamar Kissimmee will be at or close to stabilization by Final Project CO (March 2023), providing the purchaser a rare opportunity to acquire a Core asset at a Value-Add purchase price.

Investment Highlights

  • Single-Family-Rental In High Demand by Tenants, Driven by a Shift in Consumer Preferences
  • Below Market-Value Forward Acquisition Opportunity with Cash Flow in Place by Closing
  • Orlando MSA rents skyrocket 13.3% since the start of 2021, ranking it fourth nationally (CoStar Group - July 9th, 2021).
  • Orlando MSA’s Rent Growth Projected at 33% Over The Next 5 Years
  • Experienced Development Team with Significant Track Record
  • Excellent Quality of Life with Convenient Access to Employment & Demand Drivers
Last Updated Date: 21 Jul 2021
Max La Cava
Max La Cava
Associate, Capital Markets
Zach Nolan
Zach Nolan
Senior Director, Capital Markets
License details
FL-SL3280497

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

+41445083302
Last Updated Date: 21 Jul 2021

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.