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NOBAY, The Gardens, Lake Mirror Tower 3 Multifamily Properties in Lakeland, FL

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Investment Highlights

  • 223-unit, three-property portfolio located in the Core of Downtown Lakeland around Lake Mirror
  • 95.5% occupancy across the Portfolio
  • The Portfolio is three of only six institutional-quality multifamily communities in Downtown Lakeland, controlling a rare 50% share of inventory
  • All three properties are within walkable distance of each other - 0.8 miles
  • Mix of studio, one-, and two-bedroom units, including 35 three-story townhome units, Downtown Lake Mirror views, defining Bell Tower Units

Property Facts

Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 244,970 SF
Total Land Area 2.75 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
The Gardens
325 S Lake Ave, Lakeland, FL 33801
Multifamily 100,000 SF 2021 -
Lake Mirror Tower
130 S Massachusetts Ave, Lakeland, FL 33801
Multifamily 91,483 SF 1925 -
NOBAY Apartments
270 E Bay St, Lakeland, FL 33801
Multifamily 53,487 SF 2016 -
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  • Listing ID: 39246087

  • Date on Market: 1/28/2026

  • Last Updated:

  • Address: NOBAY, The Gardens, Lake Mirror Tower, Lakeland, FL

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