727-771-3601
1505 W 25th St, Sanford, FL for Sale
Apartments - FOR SALE
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1505 W 25th St
Sanford, FL 32771


HIGHLIGHTS

  • Strategically located within the Orlando MSA, just minutes from popular Downtown Sanford destination.
  • Inlcudes a clubhouse, business center, sports court, outdoor play area, picnic area with grills, and laundry facilities.
  • 72 units are renovated, with the opportunity to upgrade the remaining 48 units.
  • $1.59M in capital improvements has been invested into the Property since 2022.
  • Units are equipped with modern appliances, washer and dryer connections in select units, and balconies/patios

OVERVIEW

CBRE Multifamily Tampa is pleased to present the sale of Stoneridge Pointe, a 120-unit community located within the Orlando MSA in the suburb of Sanford, FL. A concrete block asset built in 1975, the Property presents a prime value-add investment opportunity. Stoneridge Pointe features studio, one, two, and three-bedroom floor plans, with 63% majority being two and three-bedroom units, the two-bedroom units are townhomes. Units feature 10-foot ceilings, washer and dryer connections in select units, ceiling fans, fully equipped kitchens, vinyl plank or ceramic tile flooring, and balconies/patios. A total of 72 units are have been renovated, with potential to upgrade the remaining 48 units. Amenities at the community include laundry facilities, a playground, an outdoor grilling area, a sports court, and a clubhouse. The location offers direct access to Highway 275 and State Road 17, leading to Downtown Orlando and Downtown Sanford. Major employers nearby include Advent Health Altamonte Springs, HCA Florida Lake Monroe Hospital, and Seminole State College. Nearby amenities include Seminole Town Center, Gateway Plaza, Publix, Walmart, Sam's Club, and other retail and dining options. Stoneridge Pointe can be sold separately or with its sister property, Aqua Links.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

120

CAP RATE

Request Cap Rate

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stoneridge Pointe Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

188

LAND DETAILS

LAND ACRES

3.56 AC

LAND SF

155,161 SF

ZONING

MR-3, Sanford

APN/PARCEL ID

02-20-30-504-0A00-0000

ASK ABOUT THIS PROPERTY

George QuayCBREMore Info
727-771-3601

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George QuayCBREMore Info
727-771-3601

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.