Sold July 2018 – 18.2% IRR
Arrow Ridge Apartment Homes is a 320-unit multi-family community located in Kissimmee, Florida, a suburb of Orlando. The complex is made up of 14 three-story residential buildings with one, two, three and four-bedroom unit plans. All units have recently been renovated and come furnished with a full-size washer/dryer, large walk-in closets and fully equipped open style kitchens with chef-friendly gas stoves. The property provides a newly renovated clubhouse, leasing office, fitness center, swimming pool and playground.