Avanti Acquires 200-Unit Apartment Complex

Avanti Acquires 200-Unit Apartment Complex

Avanti Residential recently acquired The Avery, a 200-unit apartment complex located at 1000 Avery Village Loop near the Valencia College Campus in Orlando. The purchase price for this property was $50.5 million and it was previously owned by Republic Properties Corporation.

The newly named “The Avery by Avanti” was built in 2022 and is situated on a spacious 7.8-acre lot on the north side of Valencia College Lane. It boasts various amenities such as a pool, entertainment deck (without an outdoor kitchen), fitness center, and clubhouse. This complex offers floor plans with options ranging from one to three bedrooms starting at $1,644 per month.

According to reports from the Orlando Business Journal, The Avery is conveniently located less than a mile away from Valencia College which experienced record-breaking enrollment numbers during the fall semester of 2023-2024 with over 49,000 students enrolled – more than Florida State University in Tallahassee! With this latest acquisition of The Avery Apartments in Windermere’s Casa Mirella community included – Avanti now owns seven apartment buildings throughout Florida.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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