Frank Roessler & Joe Fairless Of Ashcroft Capital Purchase Birchstone Waterleigh For $66.5M

The property asset involved in the transaction is the Birchstone Waterleigh apartment community located at 9405 Ascend Falls Drive, Winter Garden, FL. The community consists of 300 units, with a per unit price of $221,667. The transaction was completed for a sale price of $66,500,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $66,500,000
• Units: 300
• Price Per Unit: $221,667
• Buyer: Frank Roessler & Joe Fairless - Ashcroft Capital
• Seller: DHI Communities

Frank Roessler and Joe Fairless, representing Ashcroft Capital, acquired this multifamily property from DHI Communities. The Birchstone Waterleigh community features one- to three-bedroom units and offers resort-style amenities, prominently situated near Disney World in Orlando’s Four Corners neighborhood.