Annie Apartments
- Rare Opportunity to Acquire a Boutique Multifamily Asset in Orlando's Core
- Located Within the Delaney Park Neighborhood (Ranked as a Top 10 Place to Live in Florida and Top 100 Nationally)
- Positioned Between Two of the Largest Medical Campuses in the Southeastern United States
- Supported by Billions of Dollars in Public & Private Investment into Downtown Orlando
- Significant Cost-to-Own Premium Supports Rental Demand (88% Premium Over the Cost-to-Rent)
- Below-Market In-Place Rents With Embedded Rental Upside Within a Supply-Constrained Urban Market
Property Description
SP Multifamily Group of Marcus & Millichap is pleased to present Annie Apartments, a 10-unit boutique multifamily community positioned within Delaney Park, one of Orlando's most desirable and highest-ranked urban residential neighborhoods. Located at the intersection of Delaney Park, SoDo, Downtown Orlando, and the Orlando Health Medical Campus, the property offers investors a rare opportunity to acquire urban infill housing within a highly supply-constrained corridor supported by strong demographic fundamentals, institutional employment, and long-term residential demand.The property benefits from immediate proximity to Orlando Health, one of Florida's largest healthcare systems, while also providing convenient access to Downtown Orlando's employment base, entertainment venues, lifestyle districts, and ongoing public and private investment. Surrounded by nationally recognized neighborhoods, premier dining destinations, and some of Orlando's strongest residential real estate values, Annie Apartments occupies a uniquely defensible position within the market. In-place rents remain below nearby comparable properties and ownership alternatives, providing a clear path for future rental growth while maintaining an attractive basis relative to recent comparable sales throughout the surrounding urban core.
Broker Details
SP Multifamily Group, Marcus & Millichap 407-557-3889
Broker Details
SP Multifamily Group, Marcus & Millichap 407.557.3888
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,550,000 |
| No. of Units: | 10 |
| Average Occupancy: | 6.77% |
| Year Built: | 1925 |
| Lot Size: | 7.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $155,000 |
| Property Website | Click Here |
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