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4990 North Ln
Orlando, FL 32808
Orlando Sky - Under Contract · Multifamily Property For Sale
·
140 Units
Property Facts
| No. Units | 140 | Lot Size | 8.37 AC |
| Property Type | Multifamily | Building Size | 73,728 SF |
| Property Subtype | Apartment | Average Occupancy | 90% |
| Apartment Style | Garden | No. Stories | 1 |
| Building Class | B | Year Built | 1985 |
| Zoning | R3B, Orlando | ||
| No. Units | 140 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 8.37 AC |
| Building Size | 73,728 SF |
| Average Occupancy | 90% |
| No. Stories | 1 |
| Year Built | 1985 |
| Zoning | R3B, Orlando |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Heating
- Kitchen
- Range
- Tub/Shower
- Carpet
- Dining Room
- Patio
- Vinyl Flooring
Site Amenities
- Laundry Facilities
- Property Manager on Site
- Maintenance on site
About 4990 NORTH LN , ORLANDO, FL 32808
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 140-unit Orlando Sky apartment community located in Orlando, Florida. The asset is situated in the North West Orlando submarket currently experiencing 6.9% YoY rent growth. Built in 1985 & 1986, Orlando Sky offers an outstanding value-add opportunity that would result in the ability to raise effective rents $199 and earn a 19% return on investment after implementation of the proposed value-add plan.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 34 | - | 288 |
| 1+1 | 96 | - | 576 |
| 2+1 | 5 | - | 864 |
| 2+2 | 5 | - | 864 |
Property Taxes
| Parcel Number | 07-2229-6974-03-270 | Improvements Assessment | $2,677,725 |
| Land Assessment | $859,950 | Total Assessment | $3,537,675 |
Property Taxes
