82-Unit Newly Built Townhome Community Offered for $32.9 Million Near Walt Disney World
A rare opportunity to acquire an entire completed Central Florida community — 82 townhomes, 13 buildings, amenities, infrastructure and land in a single transaction.
Team Donovan is pleased to introduce a unique 82-unit investment opportunity in Davenport, Florida, positioned within the rapidly growing Walt Disney World, ChampionsGate and Reunion corridor.
Offered at a guide price of $32.9 million, the newly constructed community provides a potential purchaser with something increasingly difficult to find in Central Florida: the ability to acquire an entire completed residential community under single ownership.
All 13 residential buildings are complete, together with roads, parking, landscaping and site infrastructure.
82 Homes. One Owner. One Transaction.
The acquisition includes the homes, land, gated entrance, private roads, parking, landscaping, community amenities and infrastructure. This is not simply a bulk purchase of individual homes.
All 82 newly built three-bedroom townhomes, the underlying land, gated entrance, private internal roads, parking, landscaping, resort-style pool and community amenities are being offered together. All 13 residential buildings are complete.
For an institutional investor, family office, hospitality operator, build-to-rent group or vacation-rental company, that provides something particularly valuable.
Control of the entire asset.
82 Newly Built Three-Bedroom Townhomes
The community contains approximately 124,874 square feet of finished residential space across 13 completed buildings.
- 3 bedrooms
- 2.5 bathrooms
- 36 interior residences at 1,542 SF each — 55,512 SF total
- 16 corner residences at 1,567 SF each — 25,072 SF total
- Attached two-car garage
- All bedrooms located upstairs
- 3 bedrooms
- 3 bathrooms
- 22 interior residences at 1,471 SF each — 32,362 SF total
- 8 corner residences at 1,491 SF each — 11,928 SF total
- First-floor bedroom and full bathroom
- Flexible guest / multigenerational layout
The weighted average residence is approximately 1,523 square feet.
52 residences include an attached two-car garage.
Private entries, finished walkways and completed landscaping throughout.
A Completed Community Without Development Risk
Building an 82-unit residential community in Central Florida today involves considerably more than construction costs. A developer must acquire land, complete planning and entitlement work, pay impact fees, arrange financing, install roads and infrastructure, construct amenities and carry the project through what can become a multi-year development timeline.
Here, that work has already been completed.
A purchaser is acquiring a finished asset rather than a development project. All 82 homes and 13 buildings have been constructed together with the community infrastructure and amenity package. There is no phased construction schedule for an incoming owner to complete and no need to assemble individual properties from multiple sellers.
Acquire the completed asset today. Determine the optimal operating strategy tomorrow.
Community Amenities & Property Features
The property has been designed as a complete residential community rather than simply a collection of townhomes.
- Resort-style swimming pool
- Gated controlled entrance
- Covered barbecue and picnic area
- Children's playground
- Fenced dog run
- Private internal roads
- Guest parking
- Completed landscaping and site infrastructure
- Quartz countertops
- 42-inch cabinetry
- Full LG appliance package
- Luxury vinyl plank flooring
- Smart Wi-Fi thermostats
- Window blinds included
- James Hardie fiber-cement siding
- 2x6 exterior wall framing
- Fire sprinklers in every residence
- Individually metered utilities
Private internal roads, guest parking and completed site infrastructure are included in the sale.
Request the Confidential Investment Package
Additional information is available to qualified prospective purchasers.
One Asset — Multiple Potential Strategies
Perhaps the most interesting aspect of the acquisition is the potential flexibility available to the next owner.
According to information supplied by the seller, the property is currently held as a single fee-simple parcel and no homeowners association has been recorded. Any purchaser should independently verify title, zoning, rental permissibility and all regulatory matters during due diligence. Subject to those matters, the existing ownership structure creates several potential strategies.
Central Florida contains thousands of individually owned vacation homes. That traditional model often means separate owners, different furniture packages, different managers and individual properties competing against one another across the same booking platforms.
An 82-home community under one owner presents a very different opportunity. A hospitality or vacation-rental operator could evaluate creating its own branded destination with centralized reservations, housekeeping, marketing, revenue management, direct booking and control over the complete guest experience.
Rather than managing 82 unrelated properties, the residences could potentially be operated as one hospitality business.
The community can also be evaluated as a conventional long-term residential rental asset. Every residence contains three bedrooms with a weighted average size of 1,523 square feet, while 52 residences include attached two-car garages.
The 82 homes are divided between 13 separate buildings, potentially allowing an owner to segment inventory between different rental strategies, subject to applicable legal and regulatory requirements. The operating mix could then be adjusted as market conditions change.
A future owner may evaluate establishing the appropriate association and ownership structure to allow individual residences to be released into the retail market over time, subject to the appropriate legal, governmental and title processes.
The seller has also indicated a willingness to consider an appropriate joint-venture structure, providing another potential route for qualified investors or operating partners.
The Walt Disney World, ChampionsGate & Reunion Corridor
Location is a major part of the investment story. The community is located in Davenport, Florida, within one of Central Florida's most established resort and residential growth corridors.
Private internal roads, sidewalks and landscaped islands throughout the community.
The area benefits from two significant demand drivers. The first is Central Florida's tourism and hospitality economy. The second is the continued expansion of Davenport and Polk County as a residential, logistics and employment market.
The location also benefits from the established vacation-rental management, housekeeping, hospitality and service infrastructure already operating throughout the Disney-area resort corridor.
Why Single Ownership Matters
Most resort-area communities in Central Florida contain hundreds of individually owned properties. Even where vacation rentals are permitted, an investor attempting to build meaningful scale normally has to acquire homes individually.
- Different sellers
- Different prices
- Different furnishings
- Different property conditions
- Different closing dates
- Different locations
- No control over the remainder of the community
This opportunity is fundamentally different. One transaction provides control of all 82 residences together with the community itself.
That creates operational possibilities that scattered resale inventory simply cannot reproduce.
82 residences, 13 buildings and the community itself — acquired in one transaction.
$32.9 Million
The entire 82-unit community is being offered at a guide price of $32.9 million.
Qualified purchasers will have access to a more comprehensive confidential diligence package containing additional property, construction, ownership and underwriting information.
The seller is prepared to evaluate both a conventional acquisition and appropriate joint-venture proposals.
Interested in the 82-Unit Davenport Community?
Institutional investors, private equity groups, family offices, hospitality operators, vacation-rental companies, build-to-rent investors and other qualified purchasers are invited to contact Team Donovan.
Team Donovan is an Orlando-based real estate brokerage specializing in vacation homes, resort property and investment real estate throughout the Central Florida tourism corridor.
Led by James Donovan, Licensed Florida Real Estate Broker, Team Donovan works with domestic and international owners, buyers and investors throughout the Orlando and Walt Disney World resort-property market.
Team Donovan represents the seller in this transaction.
This article is provided for informational and marketing purposes only and does not constitute an offer to sell, a solicitation of an offer to purchase, or investment, legal, tax or accounting advice. Property specifications, pricing, availability, construction information, title structure, association status, rental permissibility, zoning, market information and financial information are based on information supplied by the seller and/or third-party sources believed to be reliable but are not warranted or guaranteed by Team Donovan. All prospective purchasers should independently verify all information and conduct their own legal, financial, physical and operational due diligence. Pricing and availability are subject to change or withdrawal without notice.
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