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CBRE Arranges Sale of 400-Unit Multifamily Community in Orlando

Communal amenities at Mirabella Waterford Lakes include a business center, fitness center, clubhouse, swimming pool, tennis court, volleyball court and a playground.

ORLANDO, FLA. — CBRE has arranged the sale of Mirabella Waterford Lakes, a 400-unit multifamily community in Orlando. Built in 2000, the property offers one-, two- and three-bedroom floor plans. Communal amenities include a business center, fitness center, clubhouse, swimming pool, tennis court, volleyball court and a playground. The asset is located at 12101 Fountainbrook Blvd., 11 miles east of downtown Orlando. Shelton Granade, Luke Wickham and Justin Basquill of CBRE represented the seller, Lantower Residential. Los Angeles-based PRG Investment & Management acquired the property, which was 95 percent occupied at the time of sale, for an undisclosed price.

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