PRP acquired below replacement cost and will implement a value-add renovation program targeting classic units and amenity enhancements.
- 371-unit Class A garden-style community built in 2007, featuring large floorplans averaging 1,100 sf with a full amenity set and gated access
- Renovation targeting 200 classic units and modernization of amenity spaces, including the creation of a dog park amenity
- Adjacent to the Mall at Millenia 1.2MM SF, 147 stores including Macy’s, Neiman Marcus, and Apple.
- 10 minutes from Universal’s $7B Epic Universe, opened summer 2025 creating 15,000+ jobs
- Major employers nearby: Walt Disney World (77K+), Universal Orlando (28K+), Lockheed Martin (4K+)
- Orlando’s population is projected to grow 8%+ over the next five years, supported by strong job and infrastructure growth
