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Florida & Gulf Coast  + Central Florida  + Apartments  |  January 29, 2021
David Cohen
By: David Cohen

Goldrich Kest Acquires 348-Unit Orlando Apartments

Privately-owned real estate investor Goldrich Kest has acquired Highpoint Club Apartments, a 348-unit multifamily community in Orlando. The sales price and seller was not disclosed.

The garden-style property consists of one- and two-bedroom units that range in price from $1075 to $1480. Features include modern kitchens, stainless steel appliances, washers and dryers, wood-style flooring and sunrooms in every apartment. Amenities include a resort-style pool with cabanas, internet cafe with computers and coffee bar, illuminated basketball and tennis courts, fitness center, dog park, BBQ and picnic areas, 86 private residential garages and controlled-access entry gates.

“We are delighted to mark our first East Coast endeavor smack dab in the middle of the Sunshine State,” said Michael Drandell CEO at Goldrich Kest. “Highpoint Club Apartments is one of the most desirable multi-residential properties in Orlando and located in close proximity to many restaurants, shopping destinations including the Waterford Lakes retail district, and internationally recognized attractions including Disney World and Universal Studios theme parks. Goldrich Kest plans to substantially improve the property by renovating unit interiors and improving amenities and common spaces.”

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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