Berkadia arranged the sale of Lirio at Rafina, a brand-new, 280-unit, Class AA luxury garden apartment community in Orlando.
Managing Directors Brett Moss and Matt Wilcox, Associate Director Tyler Swidler and Senior Managing Director Cole Whitaker of Berkadia Orlando marketed the property on behalf of Catalyst Development Partners and Six Pines Realty. Preferred Apartment Communities acquired the property.
“Davenport’s equidistant location between greater Orlando and Tampa uniquely positions the submarket to draft off growth patterns of two of the nation’s top five highest-growth MSAs,” said Moss. “Nearly 200,000 residents moved to the I-4 Corridor since 2020, and Davenport is situated at the epicenter of it all.”
Built in 2021, Lirio at Rafina is located at 1008 Laguna Loop and offers one-, two- and three-bedroom apartments averaging from 758 square feet to 1,248 square feet. Individual apartments feature electronic doors, wood-inspired flooring, designer pendant lighting, fully equipped kitchens with stainless steel energy-efficient appliances, refrigerators with a water and ice maker, table-sized kitchen islands with a breakfast bar, luxury granite countertops and unique tile backsplash, plentiful storage, carpeted bedrooms, walk-in closets and showers, full-size washer and dryers, wireless-enabled thermostats and private balconies or patios in select units. Community amenities include a resort-style pool with private cabanas, a summer kitchen with gas grilling stations, a 24-hour fitness center, a clubroom with coworking spaces and a media and business center, a dog grooming spa, a complimentary beverage café, package concierge and valet waste service.
Situated in the epicenter of Central Florida’s high growth I-4 Corridor, Lirio at Rafina is bound by two prominent master-planned communities: Reunion and Championsgate. It is close to Downtown Orlando, Walmart, Amazon and Ford Motor distribution centers. Lirio at Rafina is also within 30 minutes of nearly 2,000 hospital beds, 25 minutes from the Orlando International Airport and 10 minutes from Walt Disney World.
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