Documents
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Attributes
Year Built | 1985 |
Building Area Net |
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Land Area Net |
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Number of units | 324 |
Asset Description
Jones Lang LaSalle Americas, Inc. (“JLL”) as exclusive advisor, is pleased to present the opportunity to acquire The Bentley at Maitland (the “Property” or “The Bentley”), a 324-unit, 2-story garden style community located in the highly desirable North Orlando Submarket. The Property, comprised of 25 residential buildings and a clubhouse and average unit sizes of ±838 square feet, offers residents an elegant and cozy feel, complete with an expansive community amenity package including a 24-Hour Fitness Center, Yoga Studio, Resort Style Pool with Sundeck and Grilling Station, Playground, Dog Park, and a Lakefront Picnic area with hammocks. The Bentley’s top tier location in North Orlando allows for convenient access to schools, outstanding lifestyle & retail centers, and immediate accessibility to Interstate 4 & North Orange Blossom Trail, which provide superior connectivity throughout the Orlando MSA.
Completed in 1984, The Bentley presents a compelling opportunity for new ownership to further implement a renovation program beyond the previous moderate upgrades and to apply rent premiums that are easily supported by the Submarket’s strong performance in multi-housing fundamentals. With abundant and growing demand drivers, and limited future supply, The Bentley is positioned to outperform.
Investment Highlights
- Compelling Value-Add Opportunity
- Significant Rent Growth Upside
- Superior North Orlando location
- Convenient Access to Employment & Demand Drivers
- Outstanding Multi-Housing Market Fundamentals