Bluerock Value Exchange has acquired the Integra Sunrise Parc Apartments, a new 300-unit luxury multifamily community in Osceola County, Fla.
The sales price was $67 million.
The seller was a development partnership of Panther Residential Management, Integra Land Co. and CrossHarbor Capital Partners.
Integra Sunrise Parc Apartments opened in 2019 and comprises eight four-story residential buildings, a clubhouse and 10 garage buildings. The property offers a mix of one-, two- and three-bedroom units with an average size of 972 square feet. The community was 83.3 percent leased at the time of sale.
“Integra Sunrise Parc was thoughtfully crafted to create the highest design standards and living experience, which is unmatched in the Hunter’s Creek/Sunrise City market,” said Jay Ballard of Cushman & Wakefield, which represented the seller. “This has led to exceptional lease-up activity and extremely strong on-site demographics.”
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