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Florida & Gulf Coast  + Central Florida  + Apartments  | 

IPA Brokers Sale of 252-Unit Orlando MF Property

Institutional Property Advisors (IPA) has brokered the sale of The Legends at ChampionsGate, 252-unit multifamily property in Championsgate, a planned community in Orlando. The sales price was not disclosed.

Constructed in 2002, the three-story garden-style asset has a tropical setting around a lake with a water feature. Amenities include a resort-inspired lakeside pool area with sundeck, 24 detached garages and 18 covered carports. The unit mix contains four-bedroom floor plans and the average unit size is 1,004 square feet.

Shelton Granade, Luke Wickham, Justin Basquill, and Sean Williams of IPA represented the seller, The Milestone Group, in the transaction. The buyer was global real estate private equity firm Taurus Investment Holdings. The investment represents Taurus’ fifth multifamily acquisition in Central Florida.

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IPA’s Granade

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.

  • ◦Sale/Acquisition
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