BR Sunrise Parc

BR Sunrise Parc

Location: 4701 Luminous Loop, Orlando, FL, USA
First Year Cash Return: 4.75 %
Property Type: Multi-Family
*Final numbers are subject to change upon loan cloasing.

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Located in the rapidly growing south Orlando Metro, the Property was constructed in 2019 and offers residents proximity to major employers and easy access to a variety of retail services in a unique setting abutting a forest preserve. The Property features a new, modern appeal with top of the market amenities along Osceola Parkway, a major thoroughfare connecting the area to Interstate 4, Walt Disney World theme parks, and more than 1.23 million square feet of top retail shopping centers and dining destinations. With well over 125,000 jobs within a 15-minute drive, the Property has an accessible location to all of South Orlando’s top destinations. Topping Marcus & Millichap’s National Multifamily Index for 2020, Orlando Metro’s apartment market is flourishing amid increasing renter demand. Orlando Metro boasts a job growth rate nearly triple the national average, a household formation rate nearly double the national average, and is poised for continued growth. The Property’s prime location and top amenities position it to capitalize on this colossal growth in renter demand.