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701 S Ivey Ln
Orlando, FL 32811
Orlando on the Lake - B&F Stage · Multifamily Property For Sale
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189 Units
Property Facts
| No. Units | 189 | Lot Size | 16.25 AC |
| Property Type | Multifamily | Building Size | 151,230 SF |
| Property Subtype | Apartment | Average Occupancy | 96% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 1974 |
| Zoning | R3A, Orlando | ||
| No. Units | 189 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 16.25 AC |
| Building Size | 151,230 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built | 1974 |
| Zoning | R3A, Orlando |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Washer/Dryer
- Heating
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Walk-In Closets
- Dining Room
- Window Coverings
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Playground
- Pool
- Property Manager on Site
- Pet Play Area
- Planned Social Activities
- Renters Insurance Program
- Maintenance on site
- Online Services
About 701 S IVEY LN , ORLANDO, FL 32811
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 189-unit Orlando on the Lake apartment community located in Orlando, Florida. The asset is situated in the West Orlando submarket currently experiencing 8.6% YoY rent growth. Built in 1974, Orlando on the Lake offers an outstanding value-add opportunity that would result in the ability to raise effective rents $265 and earn a 16% return on investment after implementation of the proposed value-add plan. The property is also located in a designated Opportunity Zone with tax benefits.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 33 | - | 674 |
| 2+1 | 105 | - | 774 |
| 3+1 | 51 | - | 968 |
Property Taxes
| Parcel Number | 32-2229-4600-00-010 | Improvements Assessment | $9,698,657 |
| Land Assessment | $3,125,588 | Total Assessment | $12,824,245 |
Property Taxes
Parcel Number
32-2229-4600-00-010
Land Assessment
$3,125,588
Improvements Assessment
$9,698,657
Total Assessment
$12,824,245
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