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Arium Grandewood

  • Arium Grandewood, built in 2005, is a 306 unit multifamily community located in Orlando, Florida
  • The investment was made in January 2021 with a leading Miami based owner / operator of multifamily communities
  • The property was purchased as a value-add opportunity with 95% of the units marked for upgrades
  • Originally underwritten for 5 years of ownership, Grandewood was opportunistically sold in September 2023, after just 2.6 years of ownership, achieving a premium to the fund’s acquisition price per unit

CONTACT US

3801 N Capital of Texas Hwy, Suite E205

Austin, TX 78746

(512) 615-5612
Info@evolutionim.com

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