New Offering: Zoned Build-to-Rent Development Site in Rapidly Expanding Northwest Orlando Submarket

Download Offering Materials: Dewey Flats

Capstone is pleased to present Dewey Flats: a 71-acre single-family development site located in Leesburg, FL that is zoned PUD and allows for 184 single-family homes. The current owner has completed a large portion of the site preparation, including rezoning and annexation into the city of Leesburg, giving new ownership an expedited path to construction. The site is located near the Florida Turnpike & US-27, allowing future residents convenient access into the rest of the Orlando MSA and the plethora of economic drivers in nearby submarkets. The location of the site will benefit future ownership by being one of the few communities adjacent to the Florida Turnpike in West Orlando, providing a built-in marketing advantage over nearby competitors. Dewey Flats demonstrates a unique opportunity for a streamlined development site in a Central Florida submarket that is primed for tremendous growth.

Investment Highlights
Attractive Development Characteristics
Located in Rapidly Expanding Northwest Orlando Submarket
Explosive Incoming Development
Rent vs. Own Cost Analysis

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