Equus Capital Partners (Equus) announced that an affiliate completed the acquisition of Madison Waterford Lakes (f/k/a Caroline Waterford Lakes), a 255-unit, 93 percent occupied, class A garden style rental community located in Orlando. The property was acquired on behalf of an Equus sponsored value-add fund, Equus Investment Partnership XII.
The seller was represented by Newmark’s investment sales team.
Madison Waterford Lakes is a 2023 vintage garden–style community composed of a mix of one-, two- and three-bedroom units. The property consists of four residential buildings that are each elevator served, and the average unit size is 946 square feet. The property boasts a luxury amenity package, including a spacious resident clubhouse with kitchen and lounge, a 24-hour fitness center overlooking a pool, carports, EV charging stations and detached garages.
“We are excited to maintain our presence in the fast-growing Orlando metro area with the acquisition o
