- Attractive Unit Layout & Size
- Individual Parceled Opportunity – Multiple Exit Plays!
- Value-Add Investment Opportunity
- Proximity to Growing Central Florida Market
Attractive Unit Layout & Size
Royal Villas features 48 townhome units, each offering a generous 1,674 SF layout with 3 bedrooms and 2.5 bathrooms. The property provides tenants with the space of a single-family home, without the high upfront costs of homeownership in today’s market. Compared to other multifamily options, Royal Villas appeals to a demographic that has outgrown traditional apartments and prefers to rent instead of buying, or is unable to purchase a home.
Individual Parceled Opportunity – Multiple Exit Plays!
Royal Villas offers a distinct advantage with all 48 units situated on separate parcels, creating potential for property tax savings as the county uses a mass appraisal approach for reassessments. Additionally, this setup provides the flexibility to sell buildings or even individual units to retail buyers, giving the new owner adaptable exit options to align with future market conditions.
Value-Add Investment Opportunity
Royal Villas is well-suited for a strategic value-add approach to unlock substantial rental upside. The unit interiors present an opportunity for comprehensive premium upgrades, potentially boosting rents by approximately $350 per unit compared to nearby single-family homes and townhomes. Enhancements to kitchens, bathrooms, flooring, lighting, and fresh paint can drive future rental increases.
