Hilltop Residential has purchased Marvera Casselberry, formerly known as Solé at Casselberry, a premier 336-unit class A multifamily community located in Seminole County, Orlando.
Originally developed in 2017, the property offers immediate cash flow with significant long-term value through targeted operational enhancements. The acquisition comes at a compelling in-place cap rate, with Hilltop poised to unlock significant upside by transitioning property management in-house and aligning expenses with market benchmarks.
Strategically positioned near U.S. Route 17-92 and State Route 436, Marvera Casselberry provides residents with exceptional connectivity to major employment hubs such as Maitland Center and the upscale amenities of downtown Winter Park. The property is located within a top-rated school district and benefits from strong local demographics, including an average household income of approximately $102,000. With limited new supply in the area, Marvera Casselb
