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1200 W Holden Ave
Orlando, FL 32839
Palm Grove Apartments · Multifamily Property For Sale
·
140 Units
Investment Highlights
- 140-Unit Value-Add Masonry Built Community in Orlando, the Second Highest Rent Growth Market in the Country
- Exceptional Ability to Raise Rents Over $350 Through Reducing Loss-to-Lease and Additional Lighter Scope Renovations
- Desirable Unit Mix of Majority Two-Bedroom Units
- Over $2 Million in Substantial Capital Expenditures
- One of the Most Central Locations in Orlando; The Central Florida Market is Experiencing Tremendous Growth
- Abundant Amenity Package with Ability to Enhance
Property Facts
| No. Units | 140 | Building Size | 105,308 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1966 |
| Building Class | C | Parking Ratio | 2.45/1,000 SF |
| Lot Size | 7.85 AC | ||
| Zoning | R-3 - Residential Multi Family | ||
| No. Units | 140 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 7.85 AC |
| Building Size | 105,308 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 2.45/1,000 SF |
| Zoning | R-3 - Residential Multi Family |
Amenities
Unit Amenities
- Balcony
- Crown Molding
- Granite Countertops
- Patio
- Vinyl Flooring
Site Amenities
- Courtyard
- Tennis Court
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 28 | - | 625 |
| 2+1 | 112 | - | 784 |
Property Taxes
| Parcel Number | 15-2329-0000-00-089 | Improvements Assessment | $6,035,846 |
| Land Assessment | $2,315,250 | Total Assessment | $8,351,096 |
Property Taxes
Parcel Number
15-2329-0000-00-089
Land Assessment
$2,315,250
Improvements Assessment
$6,035,846
Total Assessment
$8,351,096
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