Marcus & Millichap Brokers $14.4M Sale of Orlando Apartment Community

by John Nelson

ORLANDO, FLA. — Marcus & Millichap has arranged the $14.4 million sale of Royal Isles, a 264-unit apartment community located at 803 Don Quixote Ave. in Orlando. The property has 80 one-bedroom/one-bath units, 132 two-bedroom/two-bath apartments and 52 three-bedroom/two bath units. Evan Kristol of Marcus & Millichap’s Fort Lauderdale office and Still Hunter III of Institutional Property Advisors, a division of Marcus & Millichap, represented the seller, a private investor from Beverly Hills, Calif., and the buyer, a Miami-based limited-liability company.

You may also like