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Marbella Park 5528 Cinderlane Pky 120 Unit Apartment Building For Sale Orlando, FL 32808

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INVESTMENT HIGHLIGHTS

  • Desirable boutique-size 120-unit gated community in the Rosemont submarket of Orlando, FL, built of concrete block construction.
  • Over $2.4 million in transformative capital expenditures since acquisition with interior renovations on the majority of units.
  • Incredible opportunity to continue additional unit renovations to increase effecte rents by $230/mo. on average.
  • Located in northwest Orlando nearby substantial employment, retail and connectivity within 20 minutes to nearby points of interest.
  • Attractive unit mix of 33% one-bedroom and 67% two-bedroom floor plans with the largest floor plans in the submarket at an average size of 1,125 SF.
  • Available free and clear or subject to accretive assumable Fannie Mae debt at a 3.38% interest-rate with ability to place new supplemental debt.

PROPERTY FACTS Under Contract

Sale Type Investment
No. Units 120
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 8.30 AC
Building Size 135,000 SF
No. Stories 2
Year Built 1975
Opportunity Zone Yes
Zoning R-3B/W - Residential multi family

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Storage Space
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • High Speed Internet Access
  • Ice Maker
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Handrails
  • Patio
  • Porch
  • Trash Compactor
  • Vinyl Flooring
  • Warming Drawer
  • Wheelchair Accessible (Rooms)
  • Window Coverings
  • Large Bedrooms

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Clubhouse
  • Fitness Center
  • Laundry Facilities
  • Playground
  • Pool
  • Property Manager on Site
  • Tenant Controlled HVAC
  • Gated
  • Basketball Court
  • Gameroom
  • Grill
  • Renters Insurance Program
  • Walking/Biking Trails
  • Storage Space
  • Bicycle Storage
  • Hearing Impaired Accessible
  • Maintenance on site
  • Multi Use Room
  • Online Services
  • Vision Impaired Accessible
  • Public Transportation
  • Individual Locking Bedrooms
  • Private Bathroom

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1.5 40 - 935
2+2 80 - 1,220

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-2229-7744-00-220
Land Assessment
$2,798,343 CAD
Improvements Assessment
$20,566,826 CAD
Total Assessment
$23,365,169 CAD
  • Listing ID: 35963825

  • Date on Market: 2025-05-23

  • Last Updated:

  • Address: 5528 Cinderlane Pky, Orlando, FL 32808

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