Michaelson Real Estate Group, LLC and a private equity investor acquire Osprey Landings Apartments in Daytona Beach, Florida

Michaelson Real Estate Group, LLC and a private equity investor have acquired Osprey Landings Apartments, a 108-unit multi-housing community in Daytona Beach, Florida. The asset enjoyed 96% occupancy at the time of purchase.

Daytona Beach is known for its arts, shopping, dining, entertainment and over 23 miles of beautiful coastline. Osprey Landings is located at 1756 South Clyde Morris Boulevard, Daytona Beach, Florida, just minutes from major employers such as Embry-Riddle Aeronautical University (5,447 students), Daytona International Speedway ($1.6 billion economic impact annually), Halifax Health Medical Center (1.540 jobs) and Daytona State College and University of Central Florida Daytona. Osprey Landings also offers superb accessibility to the area’s most traveled highways, Daytona International Airport, Downtown Orlando and Orlando International Airport.

Built in 1985, Osprey Landings features one and two-bedroom apartments in two different floor plans with upgraded vinyl wood flooring, resurfaced countertops, new appliances, upgraded lighting fixtures and private patio/balcony. The property also boasts a superior amenity package including scenic lake views, sparkling pool, designer clubhouse with WIFI, business center/conference room, state-of-the art fitness center, tennis court, basketball court, picnic areas and a tropical landscape design.