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Investment Highlights

  • Strong Quality Asset in Incredible Growth Location
  • Significant Development in Surrounding Area
  • Benefit of Instant Rental Income w/ Value Add Play
  • Walk to Citrus Bowl Stadium

Executive Summary

Orange Grove Villas | Incredible Orlando, FL apartment complex in rare zip code. Modern updates for urban apartment living. 25-Unit Value Opportunity in Nation's #1 Growing Market. Features (25) one-bedroom apartments. New ownership will acquire a perfect value-add opportunity to renovate and lease-up the detached 25th unit. Additional benefits include proximity to population growth (+62% population growth since 2000), strong demand (95% average submarket occupancy), positive rent growth projections, and proximity to major employers including Disney World, Universal Studios + Universal Epic Universe, and AdventHealth Orlando Hospital.
Cost Analysis Performed as Rental Property
In:
Rent - $429,564.00

Out:
(Annual) Property Taxes - $21,461.00
(Annual) Estimated Insurance - $18,446.00
(Annual) Property Management (Optional) - $34,365.12
(Annual) Estimated Utilities/Lawn/Repair/Misc. - $47,328.00
Total Costs - $121,600.12
Net: $307,963.88

Earn:
Total yearly net equates to - $307,963.88
Total monthly gross equates to - $35,797.00

Financial Summary (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $425,358 $35.23

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $425,358
Annual Per SF $35.23

Property Facts

Price $5,801,040 CAD
Price Per Unit $232,042 CAD
Sale Type Investment
Cap Rate 7.33%
No. Units 25
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.25 AC
Building Size 12,590 SF
No. Stories 1
Year Built/Renovated 1940/2025
Parking Ratio 2.14/1,000 SF
Opportunity Zone Yes
Zoning MU-1/T/SP, Orlando

Amenities

Site Amenities

  • Pet Play Area
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
27-2229-0000-00-065
Land Assessment
$411,885 CAD (2025)
Improvements Assessment
$643,997 CAD (2025)
Total Assessment
$1,055,883 CAD (2025)
  • Listing ID: 39878801

  • Date on Market: 2026-03-23

  • Last Updated:

  • Address: 518 N Orange Blossom Trl, Orlando, FL 32805

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