Multifamily
The Xena Portfolio
2001 Raper Dairy Rd, Orlando, FL 32822
Listing Price: Request For Offer
Investment Overview
A 758-unit, eight-property portfolio spread throughout highly sought after “I-4 Corridor”
The Xena Portfolio
Investment Highlights
- A 758-unit, eight-property portfolio spread throughout highly sought after "I-4 Corridor"
- All eight properties situated in either core or emerging submarkets
- Portfolio owned and managed by one family for nearly 20 years
- 26% increase in Effective Gross Income achievable by end of Year Two via unit interior improvements and common area enhancements
- Meticulously maintained and operated properties with well over 95% economic occupancy for the last twelve months
- Demonstrable rental upside opportunity through moderate interior upgrades with little capital infusion required on the exterior
- Five of the eight properties have assumable Fannie Mae loans which range from 2.7%-4.88%, with potential for supplement financing to offset lower LTV
- Substantial capital improvements at all eight properties over the last ten years
Investment Highlights
- A 758-unit, eight-property portfolio spread throughout highly sought after "I-4 Corridor"
- All eight properties situated in either core or emerging submarkets
- Portfolio owned and managed by one family for nearly 20 years
- 26% increase in Effective Gross Income achievable by end of Year Two via unit interior improvements and common area enhancements
- Meticulously maintained and operated properties with well over 95% economic occupancy for the last twelve months
- Demonstrable rental upside opportunity through moderate interior upgrades with little capital infusion required on the exterior
- Five of the eight properties have assumable Fannie Mae loans which range from 2.7%-4.88%, with potential for supplement financing to offset lower LTV
- Substantial capital improvements at all eight properties over the last ten years
Investment Overview
A 758-unit, eight-property portfolio spread throughout highly sought after “I-4 Corridor”
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