Altamonte

RESIDENTIAL COMPLEX IN FLORIDA

„With Orlando’s strong rental market, high demand and low supply, project Altamonte is the perfect opportunity to invest in the thriving real estate market of Orlando.”

Ondrej David, Partner at ICP Group

Type: Area: Acquisition:
Residential Development 261 units September 2022

ICP presents Altamonte project, a new luxury 261-unit multifamily development in Altamonte Springs, Orlando. Conveniently located next to Uptown Altamonte, this project offers easy access to top employment centers, entertainment, shopping, and dining.

Project features a diverse unit mix of studio, one-, two-, and three-bedroom units in a single elevator-serviced building with secured structured parking, and an unparalleled amenity package, including a two-story clubhouse, fitness center, outdoor swimming pool and courtyard. The project also includes an overlook that looks out to E. Central Parkway, providing an additional 3,700+ square feet of covered amenity space with a summer kitchen, outdoor TVs, foosball, billiards and cornhole.

Altamonte project is located in a high-demand, high-barrier to entry area with limited new supply and strong rental market projections. With Orlando’s strong rental market, high demand and low supply, this project is the perfect opportunity to invest in the thriving real estate market of Orlando.

This, our largest US project to date, is a significant milestone in solidifying our presence in the Florida real estate market. The property is to be developed, stabilized, and consequently sold to third party investor as cash generating asset.