Middleburg Communities and Stockbridge have acquired Indigo Champions Ridge, a 300-unit class A multifamily community located in Davenport, Fla., a suburb of Orlando.
Middleburg will take over management, operations and leasing responsibilities at the community, which was completed in 2022 and features resort-style amenities, a modern clubhouse and high-end finishes.
“We are pleased to enter the Orlando market with the acquisition of Indigo Champions Ridge, one of the area’s premier multifamily communities,” stated Chris Finlay, CEO of Middleburg Communities. “We leveraged our proprietary data, research and analytics platform to study the market and are very bullish on its long-term fundamentals.”
Indigo Champions Ridge comprises three 10-story residential buildings situated on approximately 17 acres. The property offers a mix of one-, two- and three-bedroom units with a variety of spacious and thoughtfully designed floorplans. All units feature 10-in
