Michaelson Real Estate Group, LLC and Creative Realty Capital acquire Villas at 17th in Kissimmee, FL
Michaelson Real Estate Group, LLC and Creative Realty Capital
acquire Villas at 17th in Kissimmee, FL
Kissimmee, October 10, 2016
Michaelson Real Estate Group, one of the top multifamily owner and operators in the U.S., and Creative
Realty Capital, have acquired Villas at 17th Apartments in Kissimmee, Florida.
“We are excited to welcome Villas at 17th into our Florida portfolio and believe it will offer a solid return
on the investment,” said Michael Moses, Chairman and CEO of Michaelson. “We are looking forward to
our continued growth in the Orlando and Central Florida region in 2016.”
Located at 1701-1738 North Central Avenue in Kissimmee, Florida, this quiet 130-unit apartment
community is situated close to Universal Studios, Walt Disney World and SeaWorld. It is just minutes
from the University of Central Florida, the Loop, a large outdoor shopping mall and a large multi-plex
theater. The property is comprised of 5 two-story buildings on 6 acres of land. The property features one
bedroom floor plans with an average size of 810 square feet. It features a full amenity package including
electric kitchens with European cabinetry and breakfast bars, ceramic tile floors and walk-in closets. Homes
feature a patio or balcony and on-site laundry facility. The community boasts volleyball and basketball
courts, picnic and barbeque grilling areas, and a children’s playground. It has superb accessibility to several
of the area’s major transportation corridors including the Florida Turnpike, Interstate 4, Osceola Parkway
and US 192 as well as other important routes such as US 17/92 and the John Young Parkway. The asset
was built in 1973.
About Michaelson & Creative Realty Capital
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.
Creative Realty Capital is a real estate firm which owns investment properties in California, Texas and Florida.
For further information please contact:
Michaelson Real Estate Group
Michael Moses | mmoses@michaelsongroup.com