Venterra Acquires Newly-Built Clermont Rental Project for $80M

Venterra Acquires Newly-Built Clermont Rental Project for $80M

Venterra Realty has recently acquired The Grove at Clermont Apartment Homes, a 288-unit apartment complex located just outside of Orlando in Lake County. According to records, the purchase price was $80.4 million and the seller was CH Penler Clermont LLC.

This modern two-story multi-family community offers one, two, and three-bedroom garden-style residences ranging from 731 to 1415 square feet in ten unique floor plans. Situated near the South Lake Trail, residents can enjoy access to a popular recreational trail for walking, running and biking as well as nearby employers such as Orlando Health South Lake Hospital and National Training Grounds.

The property boasts resort-style amenities including a pool with gas grills, a commercial-grade fitness center open 24 hours a day,a Pet Spa for furry companions,and bike storage with direct access to the South Lake Trail system. With its prime location and top-notch features,this newly-built rental project is sure to attract renters looking for luxury living in Clermont.

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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