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This Submarket is Enticing Multifamily Investors

By Tony Seruga

Located at 11571 Fountainhead Drive, the mixed-use multifamily community has 239 units.

ORLANDO—Altís Highland Park has traded hands. Altman Companies sold the Tampa, FL luxury multifamily asset to Utah-based Cottonwood Residential for $46 million.

Located at 11571 Fountainhead Drive, the mixed-use multifamily community has 239 units. Retail space at the complex spans 5,000 square feet.

“The Westchase submarket is enticing for multifamily investors due to its affluent residents and strong overall demographics,” Joel Altman, chairman of Altman, tells GlobeSt.com. “Altís Highland Park particularly benefits from the proximity to major employers, top-rated schools and numerous shopping and dining options.”…

This Submarket is Enticing Multifamily Investors

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