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8660 Irlo Bronson Memorial HwyKissimmee, FL 34747

352-unit apartment complex, prime location

Overview

Added:
Dec 11, 2024
Days on market:
114
This 352-unit apartment complex in Kissimmee, Florida, presents a compelling investment opportunity. The property, encompassing 212,935 square feet across 11 buildings on a 20.27-acre lot, underwent renovations in 2020. Boasting 466 parking spaces, including ADA-accessible spots, the complex features amenities such as three swimming pools and a jacuzzi. The unit mix includes 96 one-bedroom/one-bathroom units (approximately 720 square feet each) and 256 studio units (approximately 360 square feet each). Its convenient location near Disney World, other attractions, major highways (I-4 and the Florida Turnpike), and Orlando International Airport ensures strong occupancy. The property benefits from its location in a strong Metropolitan Statistical Area (MSA) with above-average employment and below-average unemployment. The Commercial Tourist (CT) zoning allows for up to 80 units per acre, presenting potential redevelopment opportunities. Existing features include a fire sprinkler system and smoke alarms. This distressed sale offers a unique chance to acquire a well-established multifamily property with a strong rental base and professional management. The property is currently operating as a converted hotel to multifamily.

Highlights

  • UCC Public Auction.
  • 100% Membership Interests in Champions Village Kissimmee Holdings, LLC, a Florida Limited Liability Company.
  • 352-unit multifamily property in Kissimmee, FL, totaling 212,935 square feet on a 20.27-acre lot.

Property Details for 8660 Irlo Bronson Memorial Hwy

Property type
Apartment buildings
Square Feet
212,935 SF
Year Built/Renovated
1972/2020
Buildings
11
Stories
2
Lot Size (sq. ft)
882,961 SF
Units
352

Location Insight

City
Kissimmee
County
Osceola
State
Florida
Latitude
28.3457002
Longitude
-81.6339507
8660 Irlo Bronson Memorial Hwy, Kissimmee, Florida

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8660 Irlo Bronson Memorial Hwy
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