TERRA VILLA PARK

SP Multifamily Group is pleased to present Terra Villa Park, a 41-unit mixed-use multifamily community located within Winter Springs, FL, offering an opportunity to acquire a high-quality, core-plus asset within one of Central Florida’s most desirable suburban submarkets. Positioned within Winter Springs Town Center, the property integrates apartment residences with ground-floor commercial space in a walkable, neighborhood-oriented setting that supports durable demand and long-term tenant retention. Constructed in 2008, the asset features institutional-quality construction and condo-grade interiors with spacious floorplans averaging over 1,000 SF, attracting a more discerning renter profile and maintaining a unique competitive positioning within the market.

The property is supported by affluent surrounding demographics, with average household income exceeding $138,000 within a one-mile radius, and benefits from proximity to a diverse base of employment drivers, including UCF and its research park, major healthcare systems, and the Lake Mary financial services corridor. In addition to its residential income, in-place commercial tenancy provides a complementary revenue stream that enhances stability. While primarily a long-term hold, the asset offers measured upside through continued lease tradeouts and operational efficiencies, further strengthened by its irreplaceable location within Winter Springs’ evolving town center environment.