ORLANDO – Kevin O’Connor and Matthew Cichocki, Principals at NAI Realvest, brokered a sale at 14544 Avalon Road, Winter Garden, Florida, on behalf of the seller, 18 Avalon Road, LLC. The buyer, The Registry at Grass Lake, LLC, intends to develop the property as new apartments. The 17.97 acre site sold for $3,030,000.
According to documents filed with Orange County, the developer, Brossier (www.brossier.com) has plans for up to 360 multi-family units in five-story buildings. The minimum size for a unit will be about 600 feet. The hearing for the Orange County Planning Board is tentatively scheduled for May 21, 2020.
* * *
For more information media should contact
Kevin O’Connor, Principal, NAI Realvest 407-875-9989, koconnor@realvest.com
Matthew Cichocki, Principal, NAI Realvest, 407-875-9989, mcichocki@realvest.com
Patrick Mahoney, President/CEO, NAI Realvest, 407-875-9989 pmahoney@realvest.com
About NAI Realvest
NAI Realvest, covering all of central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide. NAI Global is an international commercial real estate network with over 400 offices spanning the globe. Since 1978, clients have built businesses on the power of NAI Global’s expanding network. Extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.nairealvest.com.