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FCP Acquires Multifamily Community in Central Florida for $25.3M

Communal amenities at Park at Sorrento include a swimming pool, business center and a clubhouse.

KISSIMMEE, FLA. — FCP has acquired Park at Sorrento, a 208-unit multifamily community in Kissimmee, for $25.3 million. The property offers one- through three-bedroom floor plans that span between 750 and 1,310 square feet. Communal amenities include a swimming pool, business center and a clubhouse. Park at Sorrento is located at 900 Woodside Circle, 23 miles south of downtown Orlando. FCP plans to rebrand the property as Mirador at Woodside. Shelton Granade, Luke Wickham, Justin Basquill of CBRE represented the undisclosed seller in the transaction. Brendan Coleman, Connor Locke, and Skye Stansbury of Walker & Dunlop originated a Fannie Mae acquisition loan on behalf of the buyer.

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