CBRE is pleased to present the Winter Haven Multifamily Portfolio, comprising three properties with a total of 159 units in the thriving Winter Haven, Florida market. These properties can be acquired as a complete portfolio or individually. This unique opportunity offers a well-located, income-generating portfolio in a high-growth area with strong economic fundamentals. Currently, 37 of the 159 units (23%) have been fully renovated, resulting in average rent increases of $100 to $150+ per unit. The portfolio features spacious one-, two-, and three-bedroom apartments. With strategic interior upgrades, investors can capitalize on the surging rental market to maximize returns. The neighborhood has already seen significant rent increases, presenting an exceptional value creation opportunity.
All three properties are strategically located within the promising Winter Haven market, part of the Polk County/Winter Haven-Lakeland MSA, which is currently experiencing the highest net migration in the U.S. and Florida. Winter Haven has seen over 17% population growth in the past decade, with continued expansion expected. The city is emerging as a development hub, with substantial investments in infrastructure, retail, and entertainment driving economic growth. Additionally, Winter Haven’s strategic location along the I-4 Corridor provides convenient access to Tampa and Orlando, supported by a low unemployment rate of 3.2%.