Urban Square Apartments

Investment Overview

100Units.com presents Urban Square Apartments, a 40-unit multifamily complex located in Orlando, FL. The property is constructed of concrete block with pitched shingle roofing and consists of one two-story apartment building totaling approximately 36,664 gross square feet. The unit mix includes 12 one-bedroom/one-bath units and 28 two-bedroom/one-bath units. Electric is separately metered and paid by tenants. Units feature central air conditioning, spacious living areas, and tile flooring throughout. The roof has been overlaid with new shingles in 2018, and in 2025, all new electric meters were installed. *1 Unit (apt #8) is renovated and is renting at a $300 rent premium over the non renovated units. Onsite laundry room generates additional $900-$1,000 monthly income. In addition to the existing improvements, the offering includes an additional ±0.7 acres of excess land, providing a compelling value-add and development opportunity. The site presents strong potential for mixed-use development, with the possibility to construct a new building featuring ground-floor retail with multifamily units above, aligning with the City’s vision for the corridor. Based on preliminary assumptions, the site could support approximately 20 additional units (buyer to verify), creating a unique opportunity to significantly increase density and income through new construction. Ideally located under fifteen minutes to Interstate-4, Camping World Stadium, and Downtown Orlando. Bezos Academy is located on the same street with public transportation directly in front of the property. Half an hour to the University of Central Florida, Disney, and Orlando International Airport.

Investment Highlights

• ±0.7 Acre of Excess Land – Rare covered land play with redevelopment upside
• Value-Add + Development Opportunity – $300 Rent Increase After Renovation
• Separately Metered Electric – Expense efficiency with tenant-paid utilities
• Zoned R-3B/W – Allows for multifamily and potential mixed-use development
• Stable In-Place Income – Proven operating history with consistent occupancy