Royal Villas

Investment Overview

Marcus & Millichap, in collaboration with Institutional Property Advisors, is pleased to present Royal Villas Townhomes, a 48-unit, 2007-vintage multifamily community in Titusville, Florida.​ Comprised entirely of oversized three-bedroom townhomes, Royal Villas offers spacious residential-scale floorplans and multiple long-term exit strategies within Florida’s rapidly expanding Space Coast economy, where more than $5.5 billion of public and private investment has been announced or approved across Brevard County since the start of 2025 and $4.8+ billion of spaceport investment is forecast over the next five years.​

For additional information, please contact our team to learn more about the opportunity.​

Investment Highlights

• ​- 48-Unit / 2007-Vintage Townhome Community in Titusville, Florida
• ​- 100% 3-Bedroom / 2.5-Bathroom + Den Floorplans Averaging 1,658 SF
• - Oversized Two-Story Floorplans Deliver Residential-Style Living Beyond Conventional Apartment Product
• ​- Meaningful Mark-to-Market Rent Growth Opportunity With In-Place Occupancy Costs Approximately 9% Below the Comparable Average
• - Located Within a High-Growth Space Coast MSA With 32% Real GDP Growth & Strong In-Migration
• ​- $5.5B+ of Public & Private Investment Announced or Approved Across Brevard County Since the Start of 2025
• ​- $4.8B+ of Spaceport Investment Forecast Over the Next Five Years
• - Major Nearby Investment From Lockheed Martin, Blue Origin, SpaceX, Draper & Other Aerospace Employers