Falcon Square

14600 Avenue of the Groves, Winter Garden, FL 34787

Description Jones Lang LaSalle Americas, Inc. (JLL) as exclusive advisor, is pleased to present the opportunity to acquireFalconSquare at Independence (the Property), a 379-unit, 3-story garden style community located in the Orlando MSAs most desirable submarket, in the heart of one of the nations fastest growing master-planned communities, Horizon West. The Property, comprised of 11 concrete block buildings complete with garages and average unit sizes of 1,122 square feet, offers residents a spacious, yet cozy neighborhood feel and an expansive community amenity package, complete with Basketball Courts, Tennis Courts, Fitness Center and a Resort Style Pool.FalconSquares unbeatable location in Horizon West, allows for convenient access to top-tier schools, outstanding lifestyle & retail centers and immediate accessibility to State Road 429, which provides superior freeway connectivity throughout the Orlando MSA. Completed in 2008,FalconSquare presents a compelling opportunity for new ownership to further implement a renovation program beyond the previous moderate upgrades and to apply rent premiums that are easily supported by the submarkets strong performance in multi-housing fundamentals. As the Submarkets rent ceiling continues to be redefined,FalconSquare offers investors strong upside potential via rent growth evidenced by the propertys recent lease trade outs averaging in the mid-teens. Highlights Compelling Value-Add Opportunity Unique Concrete Block Construction Significant Rent Growth Upside Superior Horizon West location Excellent Quality of Life with Convenient Access to Employment & Demand Drivers Outstanding Multi-Housing Market Fundamentals

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