The Park at Salerno presents a compelling value-add multifamily investment opportunity in the heart of Orlando. This 200-unit garden-style community, originally built in 1972 and renovated in 2016, offers strong in-place cash flow with additional upside potential through operational and capital improvements
- Asking Price: $37,000,000 plus a buyer's fee of 2%
- Current NOI: ~$1,964,948
- T12 NOI (Unadjusted): $2,500,000
- Adjusted/True NOI likely falls between $2.0M and $2.5M, as property taxes may have been omitted from the T12
While offering documents reference T12 and rent roll attachments, please note that those will be provided separately upon request.
This property represents a strong opportunity to acquire scale in a growing Florida market with room for operational optimization.
Please sign the attached NDNC Agreement to review the property's financials.