Matthew Wilcox Of Berkadia Brokers $97.5M Sale Of Property In Orlando

The property asset involved in the transaction is West Vue, a 442-unit garden-style apartment community located at 5915 Raleigh St, Orlando, FL, 32835. It was sold for $97,500,000. Built in 2021, the community offers a range of one-, two-, and three-bedroom floorplans, with unit sizes varying from 759 square feet to 1,369 square feet. Features of the units include nine-foot ceilings, wood-plank style flooring, pendant lights, stainless steel appliances, and granite countertops among others.

Summary of transaction details:

• Property Type: Apartment Community
• Transaction Amount: $97,500,000
• Address: 5915 Raleigh St, Orlando, FL, 32835
• Market: Orlando
• Seller's Representative: Matthew Wilcox-Berkadia
• Buyer: Unknown
• Occupancy Rate at Sale: 65.2%

The transaction was arranged by Berkadia, with key personnel including Matt Wilcox, Brett Moss, Tyler Swidler, and Cole Whitaker facilitating the sale. The seller was RISE: A Real Estate Co., based in Jacksonville. The property is part of the 1,800-acre master-planned MetroWest community, with nearby amenities including Walgreens, 24 Hour Fitness, and various establishments close to Valencia College’s West Campus.