940 Douglas Ave. #169, Altamonte Springs, FL 32714

PRP is pleased to present a 30-unit bulk condo/townhome offering in prestigious Altamonte Springs an area of Orlando Florida. PRP is now offering these 30 units for investors who are seeking a bulk purchase at less than half the price at current replacement cost. All 30 units are 100% occupied with a waiting list for occupancy and the demand for individual owner occupants units are in high demand. 22 units are located within The Reserve at Wekiva Bend and 8 townhome/villas located at Village Townhomes just 2 miles from The Reserve at Wekiva Bend. The Reserve at Wekiva Bend was purchased for a condo conversion in 2005 for $100,000 per unit and the developer spent over $2 Million on renovations. In 2006 & 2007, these units sold as condos with smallest units selling in upwards of $120K to the larger units selling in the upwards of $245,000 per unit. In 2006, The Reserve at Wekiva Bend remodel was renovating the clubhouse, new roofs, exterior paint, patios were rescreened and new stair railings. Since thenthese units also have been renovated with some upgrades to the interior of the units. This community offers several unique floor-plans and features a loft within a townhome style of unit. In 2006,Village Townhomes standard units sold from $115K to upwards of $266,000 per unit for upgraded units. Within this community there are 4 floor-plans. The community is situated in a ideal location on the little Wekiva River, and just minutes two miles from the Altamonte Mall.