Exclusively Listed by SP Multifamily Group
Tremaine | Boyd
Downtown Winter Garden, FL
Property Details
PROPERTY OVERVIEW
- Property Name Tremaine | Boyd
- Property Address 109 South Boyd Street
- City, State Winter Garden, FL
- County Orange County
- Assessor's Parcel Number 23-22-27-2888-08-030
- Number of Residential Units Twenty Two (22)
- Number of Retail Suites Four (4)
- Rentable Square Feet (Residential) 18,166 SF
- Rentable Square Feet (Retail) 8,190 SF
- Number of Retail Tenants Two (2)
- Number of Stories Three (3)
- Year Built/Renovated 2019
INVESTMENT HIGHLIGHTS
Class-A, Landmark Mixed-Use Asset Located in Historic Downtown Winter Garden
Concrete-Block Structure Built in 2019, Featuring 22 Luxury Multifamily Units and Four Ground-Floor Commercial Units
Recipient Of The Orlando Business Journal’s Community Impact Award (2019), After Bringing Urban Mixed-Use Development to Downtown Winter Garden
Unit Amenities Include Wood-Plank Style Flooring, Granite Countertops, Shaker-Style Cabinetry, 10’+ Ceilings, Energy Efficient Stainless-Steel Appliances, and Crown Moulding
Four Fully-Occupied Ground-Floor Commercial Units, Serving as the Headquarters for AntonRx, a Pharmaceutical Rebate Management Company, and Home to Pammie’s Sammies, a Popular Local Restaurant
The Property’s Irreplaceable Location Provides a New Owner With Attractive & Stable Going-In Returns, Along With Future Appreciation as Downtown Winter Garden Expands Further
Near-Term Opportunity to Increase the Average Rent by $240/month, Resulting in Top-Line Annual Revenue Growth of $63,360
Long-Term Opportunity to Increase Other Income Through Initiatives Such as Parking Fees and Electricity Reimbursements
SP Multifamily Group
Benjamin Skinner
Senior Director Investments
SP Multifamily Group, Marcus & Millichap
Matthew Prozzillo
Senior Director Investments
SP Multifamily Group, Marcus & Millichap
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