Michaelson Real Estate Group, LLC and Eklund Development, LLC acquire Charter Pointe Apartments in Altamonte Springs, FL

Michaelson Real Estate Group is pleased to announce the expansion of its existing portfolio to include Charter Pointe Apartments, a 312-unit apartment community situated in the heart of the medical and business district of Altamonte Springs, a northern suburb of Orlando, Florida. Charter Pointe Apartments, located at 919 Ballard Street, is just minutes from Florida Hospital and associated medical/business facilities. It is comprised of 25 two story buildings on 37 acres of land. The property features studio, one and two bedroom floor plans with an average size of 800 square feet. It features a full amenity package including open floorplans, private balcony/patio, washer/dryer hookups, sparkling swimming pool, picnic and barbeque grilling areas, a fitness center, tennis court, children’s playground, a clubhouse and laundry facilities. It has convenient access to Highway 434 as well as superb accessibility from several of the area’s major transportation corridors including Highway 4. The asset was built in 1975. It underwent a multi-million dollar renovation over the last two years including a newly renovated clubhouse, repaved parking lots, stairways and exterior renovations throughout the community.
Michaelson and Eklund remain focused on the Orlando market and believe it will offer solid returns on their investments. In the past year, Michaelson and Eklund closed on 5 multifamily residential properties in the Orlando area, totaling approximately 1,800 units. These include the acquisition of District of Baldwin Park, Millenia West and The Valencian.
About Michaelson & Eklund
Michaelson Real Estate Group is an entrepreneurial driven, full service apartment management and investment firm  that provides a diversified range of real estate services including: property management, leasing and marketing, and  investment. Michaelson specializes in enhancing multifamily values by utilizing its core marketing, management and  repositioning capabilities. The principal is a   seasoned real estate executive and entrepreneur that has over 30 years  of experience in the multifamily market including the development, construction, property management and advisory  of over 100,000 multifamily units.     Eklund Development is a real estate firm which owns and develops investment properties in California, Nevada,  Colorado, and Florida. For further information please contact:

Michaelson Real Estate Group
Michael Moses | mmoses@michaelsongroup.com