Multifamily
Royal Villas Townhomes
2161 Harrison St, Titusville, FL 32780
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap, in collaboration with Institutional Property Advisors, is pleased to present Royal Villas Townhomes, a 48-unit, 2007-vintage multifamily community in Titusville, Florida.? Comprised entirely of oversized three-bedroom townhomes, Royal Villas offers spacious residential-scale floorplans and multiple long-term exit strategies within Florida’s rapidly expanding Space Coast economy, where more than $5.5 billion of public and private investment has been announced or approved across Brevard County since the start of 2025 and $4.8+ billion of spaceport investment is forecast over the next five years.? For additional information, please contact our team to learn more about the opportunity.?
Royal Villas Townhomes
Investment Highlights
- 48-Unit / 2007-Vintage Townhome Community in Titusville, Florida
- 100 Percent Three-Bedroom / 2.5-Bathroom Plus Den Floorplans Averaging 1,658 Square Feet
- Oversized Two-Story Floorplans Deliver Residential-Style Living Beyond Conventional Apartment Product
- ?Meaningful Mark-to-Market Rent Growth Opportunity With In-Place Occupancy Costs Approximately Nine Percent Below the Comparable Average
- ?Located Within a High-Growth Space Coast MSA with 32 Percent Real GDP Growth and Strong In-Migration
- More Than $5.5 Billion of Public and Private Investment Announced or Approved Across Brevard County Since the Start of 2025
- More Than $4.8 Billion of Spaceport Investment Forecast Over the Next Five Years
- Major Nearby Investment From Lockheed Martin, Blue Origin, SpaceX, Draper and Other Aerospace Employers
Exclusively Listed By
Broker of Record
-
Ryan Nee
Executive Managing Director, Chief Revenue Officer- Southeast/Mid-Atlantic Division
Listing Price: Request For Offer
Investment Highlights
- 48-Unit / 2007-Vintage Townhome Community in Titusville, Florida
- 100 Percent Three-Bedroom / 2.5-Bathroom Plus Den Floorplans Averaging 1,658 Square Feet
- Oversized Two-Story Floorplans Deliver Residential-Style Living Beyond Conventional Apartment Product
- ?Meaningful Mark-to-Market Rent Growth Opportunity With In-Place Occupancy Costs Approximately Nine Percent Below the Comparable Average
- ?Located Within a High-Growth Space Coast MSA with 32 Percent Real GDP Growth and Strong In-Migration
- More Than $5.5 Billion of Public and Private Investment Announced or Approved Across Brevard County Since the Start of 2025
- More Than $4.8 Billion of Spaceport Investment Forecast Over the Next Five Years
- Major Nearby Investment From Lockheed Martin, Blue Origin, SpaceX, Draper and Other Aerospace Employers
Investment Overview
Marcus & Millichap, in collaboration with Institutional Property Advisors, is pleased to present Royal Villas Townhomes, a 48-unit, 2007-vintage multifamily community in Titusville, Florida.? Comprised entirely of oversized three-bedroom townhomes, Royal Villas offers spacious residential-scale floorplans and multiple long-term exit strategies within Florida’s rapidly expanding Space Coast economy, where more than $5.5 billion of public and private investment has been announced or approved across Brevard County since the start of 2025 and $4.8+ billion of spaceport investment is forecast over the next five years.? For additional information, please contact our team to learn more about the opportunity.?
Exclusively Listed By
Broker of Record
-
Ryan Nee
Executive Managing Director, Chief Revenue Officer- Southeast/Mid-Atlantic Division
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