Kissimmee Development

Opportunity Offered

for Sale

The Station, a residential multifamily opportunity located on 7.63 acres in The New Sunray City, soon to be one of Kissimmee’s…

BLDUP Value Estimate
$7,000,000

Address
5025 South Rail Avenue
City
Kissimmee
Zip
34758
State
FL
Sectors
Housing, Parking, and Retail
BLDUP Value Estimate
$5,544,000.00

Address: 5025 South Rail Avenue

City
Kissimmee
Zip
34758
State
FL

Sectors: Housing, Parking, and Retail

Property Kissimmee Development

The Station, a residential multifamily opportunity located on 7.63 acres in The New Sunray City, soon to be one of Kissimmee’s most vibrant and desirable, central business districts is offered for sale. The asking price is $7 million. The property will be located within walking distance of the Poinciana Sunrail Station 17 and will be the closest residential property to the station.

The location is in close proximity to the intersection of Poinciana Boulevard and US 27-92 and the new Sunray Commercial Park along with in process developments including: Cypress Hammock Reserve, a new 504 single family home subdivision by Maronda Homes; the largest PepsiCo (Gatorade) distribution center in the Southeast; and McClane, the second largest logistics company in the USA.

The 4-building, 4-story, multi-family apartment complex, will offer studio and one to three-bedroom configurations. Tenant amenities are to include a community pool, a fitness center, a playground, green spaces, storage facilities, and options for both open or enclosed parking. Each building will then have clubrooms, laundry facilities, and a gaming lounge. The buildings will also offer ground-floor retail space, with 7 commercial units combined.

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The Station (Kissimmee) Overview

The Station, a residential multifamily opportunity located on 7.63 acres in The New Sunray City, soon to be one of Kissimmee’s…

Main Points

Acquisition Asking Price: $7 million

Sqft of Building : 369,487

Sqft of Retail : 9,694

Sqft of Land : 332,362

Pool : Yes

# of Parking Spaces : 404

# of One Beds : 128

Rental Estimate: $1,400

# of Two Beds : 120

Rental Estimate: $1,900

# of Three Beds : 44

Rental Estimate: $2,100

Fitness Center : Yes

Residential Lounge : Yes

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Kissimmee Development Opportunity Offered for Sale

The Station, a residential multifamily opportunity located on 7.63 acres in The New Sunray City, soon to be one of Kissimmee’s…