2089 Heritage Key Blvd Kissimmee, FL 34744

This exceptional Class A, multifamily investment opportunity presents a newly constructed (2024) 521-unit apartment community in Kissimmee, Florida's thriving Orlando MSA. The property, encompassing 55.21 acres, consists of 63 buildings with two stories each, totaling 178,995 square feet. Situated in Osceola County, near the intersection of Heritage Key Boulevard and other major roadways, this prime location offers unparalleled access to NeoCity Research and Technology Campus, Orlando International Airport, Disney World, and HCA Florida Hospital, as well as abundant retail amenities. The property's zoning (PD - Plan Development) allows for significant future expansion. An additional 12.11 acres of adjacent undeveloped land provides the potential to add up to 250 more units. The property is currently free and clear of financing, although acquisition with a combination of new financing and the assumption of existing below-market agency debt on phases II and III is possible. This Core+ investment presents a compelling opportunity for institutional investors seeking a high-quality, well-located asset with significant upside potential. The property's APN numbers are: 25-25-29-2535-0001-00N0