ORLANDO, FL. –Avison Young brokered Linden’s $63.5 million sale on the GreeneWay, a 234-unit garden-style apartment community in southeast Orlando. Avison Young’s Peter Sherman, Jay Maddox and Rosendo Caveiro organized the sale. Avison Young also helped arrange the financing on behalf of the buyer, Beverly Hills-based Cores Management Inc.. Institutional Property Advisors, a division of Marcus & Millichap, representing the seller, Harbor Group Management, based in Norfolk, Virginia.
Built in 2017, Linden on the GreeneWay offers studio, one-, two-, and three-bedroom units. Apartments feature nine-foot ceilings, full-size washers/dryers, and private patios/balconies. Community amenities include a resort-style swimming pool, two-story clubhouse with fitness center, modern residents’ lounge, pet playpen, and covered outdoor seating with a fireplace. The property was 96% occupied at closing.
Located at 13000 Breaking Dawn Drive on 11.7 acres, Linden on the GreeneWay is 9 miles from Orlando International Airport and 14 miles from Walt Disney World Resort. The property is also close to major highways such as State Route 417 and the Florida Turnpike.