Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

Enter the "Deal room" for exclusive documents related to this property.

The Deal Room features confidential documents related to this property. To access the Deal Room, you will need to be logged in. If you don't have an account, please create one. More questions? Visit our FAQ.
I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Building Area
Number of units 230

Property Description

JLL is pleased to present the opportunity to acquire Estia at Lakewood Ranch (the “Property” or “Estia”), a unique 230-unit ‘horizontal’ multi-housing community located in the Sarasota-Bradenton MSA’s most desirable submarket, Lakewood Ranch. The highly differentiated Property is made up of private, single-unit villas and duplexes providing a unique low-density, single-family style living experience. Completed in March 2021, the Property has experienced unprecedented demand and was 100% leased before construction was even completed. With such extraordinary lease-up velocity, Estia at Lakewood Ranch offers investors strong upside potential via rent growth on second generation leases while maintaining a competitive value proposition to conventional product in the immediate submarket.

Investment Highlights

  • Highly differentiated, single-family inspired product with competitive value proposition
  • 100% leased before construction was complete
  • Significant rent growth upside
  • Among the fastest growing communities in the US
  • Excellent quality of life with convenient access to employment and demand drivers
  • Accelerating multi-housing market fundamentals
  • Excellent demographics with high HHI's
Last Updated Date: 30 Apr 2021
Matt Mitchell
Matt Mitchell
Senior Managing Director, Tampa Office Head
License details
FL-BK3221815
Zach Nolan
Zach Nolan
Senior Director, Capital Markets
License details
FL-SL3280497

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

+46812111187
Last Updated Date: 30 Apr 2021

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.