
Panther Properties Investment LLC specializes in the acquisition, development and operations of class “A” multifamily properties, is pleased to announce its newest acquisition, Victoria Manor Apartments, in Lakeland, Florida. The property was constructed in 2006 and consists of 352 units of class “A” multifamily units situated on 23.31 acres and was purchased for approximately $36,500,000 from the original developer.
“We are excited to expand our Southeastern United States portfolio with this latest acquisition,” said David R. Masse, co-founder of Panther Properties. “We are confident this will be a successful acquisition due to the stringent evaluation standards, strong operating fundamentals and best class multifamily property in this submarket. This acquisition aligns with our overall strategy of acquiring investment grade class “A” core multifamily assets constructed within the last 5 to 7 years located in the Southeastern United States.”
Victoria Manor Apartments is located in Lakeland, Florida, between Tampa and Orlando less than one mile south of central Florida’s primary transportation hub, Interstate 4. Victoria Manor is the best quality Class “A” apartment in its submarket. The newly acquired property features 1, 2 and 3 bedroom luxury apartments in a gated community with numerous unparalleled amenities such as a state-of-the-art fitness center, an indoor basketball court, an air conditioned racquetball court, car wash, two off-leash pet walks, pet wash, Tiki bar, resort style pool, spa, and private cabanas. Panther plans to make numerous upgrades to the property including several interior apartment upgrades as well as exterior improvements including landscaping. To learn more about Panther Properties, visit http://www.pantherpropertiesinvestment.com
Greystar Real Estate Partners
Greystar Real Estate Partners is a fully integrated company offering expertise in multifamily management, development and investment throughout the United States. Greystar was founded in 1993 with the intent to become a provider of world-class service in the multifamily real estate business. Greystar’s innovative business model integrates the management, development and investment disciplines of the multifamily industry on both national and local levels. Headquartered in Charleston, S.C., Greystar manages over 180,000 units in 100+markets with a team that is more than 5,000 strong and growing. Greystar has invested approximately $3 billion in multifamily investments since its inception. To learn more about Greystar, visit www.Greystar.com.
Victoria Manor Apartments
3685 Victoria Manor Dr
Lakeland, FL 33805
(863) 682-1300
www.VictoriaManorApts.com