Representative Deal Example

Vista at Winter Park

A 108-unit garden-style apartment community in Winter Park, Florida — used here to show exactly how ResideRise evaluates an opportunity. This is an example of our process, not a current offering.

108
Units · Built 1986
2.0×
Projected equity multiple
16.3%
Projected IRR
~5 yr
Target hold

Investment Summary

A boutique, lakefront asset in affluent Winter Park.

Vista at Winter Park is a 108-unit community in one of Orlando's most desirable infill submarkets, with roughly $121,000 average household income within five miles. It draws steady renter demand from nearby employment hubs — Downtown Orlando, Maitland, and AdventHealth — and sits minutes from Park Avenue's retail and dining.

The unit mix is 100% two-bedroom layouts in both flat and townhome styles, every unit with a washer and dryer, and the majority already renovated to a near-luxury finish. The prior owner invested more than $2 million in exterior paint, clubhouse, amenities, and landscaping — leaving little deferred maintenance and a clear runway for further upside.

Vista at Winter Park building exteriors

The Property at a Glance

The fundamentals

108
Units
1986
Year Built
7.03
Acres
93.5%
Occupancy
$1,722
Avg Market Rent
933 SF
Avg Unit Size

4704 Lucier Court, Winter Park, FL 32792 · Garden-style · 14 residential buildings + clubhouse · Orange County

Unit Mix

100% two-bedroom — flats and townhomes

A versatile mix that serves roommates and families alike, supporting strong occupancy and resident retention.

Floor Plan# of Units% of TotalAvg SFMarket Rent
2 Bed / 2 Bath — Flat5652%910$1,599 – $1,701
2 Bed / 2.5 Bath — Townhome5248%958$1,669 – $1,769
Total / Weighted Avg.108100%933$1,722

The Property

Inside Vista at Winter Park

Lakeside pool and sundeck
Lakeside pool & sundeck
Clubhouse and leasing office
Clubhouse & leasing office
Fitness center
Fitness center
Renovated kitchen
Renovated kitchen
Two-bedroom flat
Two-bedroom flat
Townhome layout
Townhome layout
Aerial view of Winter Park submarket
Winter Park submarket

Projected Returns

The headline numbers

Underwritten conservatively, at the offer stage. These are projections based on our assumptions — they are not guaranteed.

$1.29M
Net Operating
Income
2.0×
Equity Multiple
6%
Cash-on-Cash
20.5%
Avg Annual ROI
16.3%
Projected IRR

Full Deal Details

The complete picture

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Location & Market

Winter Park & the Orlando MSA

Winter Park is a high-barrier, affluent infill submarket of Orlando — one of the fastest-growing metros in the country, anchored by tourism, healthcare, and a deepening base of corporate employers.

  • ≈ $121,000 average household income within 5 miles
  • ≈ $559,777 average home value within 5 miles — keeping would-be buyers renting
  • Minutes from Park Avenue, AdventHealth, Maitland Center, and Downtown Orlando
  • Largest-employer base includes Walt Disney World, AdventHealth, and Orlando Health
Aerial view of Winter Park, Florida

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ResideRise

Growing investor wealth through disciplined, transparent multifamily acquisitions — with a genuine focus on the quality of life of the residents in the communities we operate.

Contact

Cynthia Garcia, Principal

acquisition [at] MF-Opportunity.com772-758-7025

Fort Pierce, Florida · Eastern Time

Important disclosures. This website is for informational and educational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any security. Any such offer is made only to accredited investors through confidential offering documents that should be read in their entirety.

Investments in real estate are speculative, involve substantial risk, and may result in the partial or total loss of invested capital. Projected returns are estimates based on assumptions that may not be realized and are not guaranteed. Past performance does not guarantee future results. Nothing on this site is tax, legal, or investment advice. Prospective investors should consult their own legal, tax, and financial advisors before investing.

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