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Apartments in oversupplied Orlando, Florida, market sell for $6.7 million less than 2021 price

Ashcroft Capital pays $85 million to acquire 354-unit complex
Halston Waterleigh, formally Braxton Waterleigh, outside Orlando, Florida, was purchased for 7.3% less than its previous sale price in 2021. (Ashcroft Capital)
Halston Waterleigh, formally Braxton Waterleigh, outside Orlando, Florida, was purchased for 7.3% less than its previous sale price in 2021. (Ashcroft Capital)
CoStar News
September 23, 2024 | 9:54 P.M.

A multifamily property near Orlando, Florida, has sold at a steep discount relative to its previous sale in 2021 as property values in the area struggle with oversupply, but inbound migration trends give glimpses of a promising future.

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