Knightvest Capital has acquired Heritage Estates, a 230-unit garden-style apartment community in East Orlando, Fla.
Built in 2003, Heritage Estates is located at 11701 Heritage Estates Ave. in Orlando's thriving East submarket. The community features nine floor plans ranging from one- to three-bedroom units, averaging 1,158 square feet. The property offers extensive amenities, including a resort-style pool, 24-hour fitness center, clubhouse with entertainment lounge, dog park with pet washing station and detached garage parking.
Heritage Estates benefits from its location minutes from major employment centers including the University of Central Florida, Central Florida Research Park and Lockheed Martin facilities, which collectively employ more than 110,000 professionals. The property is also situated five minutes from Waterford Lakes Town Center, Florida's most-visited lifestyle destination attracting 14.3 million visitors annually.
JLL represented the seller,
