The Village at Town Centre
Investment Overview
The Village at Town Center is a private gated community located in the desirable area of Davenport, Orlando. These units are in superb condition currently selling at 70% below their peak value. Tenants are already in place generating up to 10% Net Yields.
These luxury condos are uniquely zoned for both long term and vacation rentals. At present generating returns of around 10% pa with occupancy running at 91%, these refurbished units are presented in immaculate condition with a full compliment of amenities including swimming pool, club house, state-of-the-art health and fitness centre, volleyball, basketball and tennis courts.
The Offer:
- Prices from only GBP 40,000
- Net Yields 10% currently being achieved
- 70% below its peak selling price
- Tenants already in place (91% occupancy)
- On-site management & letting team in place
- 1, 2 & 3 bedroom units in private gated community
- Minutes away from Walt Disney World and Universal Studios
- Potential to generate over 100% on capital invested, excluding rentals
It has been an exhaustive search to find a property of this quality in Orlando that allows the flexibility of long term rentals as well as vacation use. Village at Town Center has enabled us to bring an exciting lifestyle opportunity with sound fundamentals in an area which we consider to offer the best value real estatein the world at the moment.
There is now substantial evidence to show that property prices in Orlando have bottomed out whilst demand for property is doubling year on year and investment in the Sunshine State continues to increase. With the official launch of the new Universal Studio theme park “The Wizarding World of Harry Potter” set for Spring 2010 all eyes are once again are focused on Orlando, meaning there has never been a better time, in living memory, to invest in property in Florida.
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