Foot Locker's Investment Potential in Orlando's Luxury Multifamily Market: Solaya Community Overview
- Solaya is a premium multifamily community in Orlando with a high occupancy rate exceeding 98%.
- The property features luxury amenities like a resort-style pool, fitness center, and pet spa for residents.
- Located near major attractions, Solaya offers convenient access to shopping and entertainment, enhancing its appeal.
Luxury Living in Orlando: The Appeal of Solaya Multifamily Community
JBM® Institutional Multifamily Advisors has recently listed Solaya, a premium Class A multifamily community in Orlando, Florida, highlighting the growing demand for high-end living spaces in the region. Built in 2018, this expansive property features 322 units averaging 1,056 square feet, all set on a sprawling 16.26 acres. Since January 2022, Solaya has maintained a remarkable occupancy rate exceeding 98%, with a minimum occupancy level of 95%. This strong performance underscores the desirability of luxury rental properties in Orlando’s evolving real estate landscape.
The amenities at Solaya are designed to cater to a modern lifestyle. Residents enjoy access to a resort-style infinity-edge pool, an extensive sun deck, and a grand clubhouse that includes a community lounge, game room, and cybercafé equipped with a Starbucks coffee station. Other features include a lakefront pavilion with grilling stations and a 24/7 fitness center, making it an attractive choice for those seeking both leisure and fitness. Furthermore, the community accommodates pet owners with a spacious dog park and a dedicated pet spa, enhancing the living experience for families and individuals alike.
Strategically located off International Drive and Westwood Boulevard, Solaya offers convenient access to major transportation routes and is in proximity to key attractions, shopping centers, and Downtown Orlando. Notably, the property is less than a mile from SeaWorld Orlando, which draws approximately 4.5 million visitors annually, and is just three miles from the planned Epic Universe theme park. With Orange County’s population having surged by over 35% since 2010 and projected to increase by 46% over the next two decades, Solaya presents a compelling opportunity for those seeking high-quality multifamily investments in a rapidly growing market.
In addition to its luxury offerings, Solaya's location makes it an appealing choice for both residents and investors. The community is surrounded by essential amenities, including three Publix Super Markets and a Target within a two-mile radius. This accessibility to everyday conveniences adds to the overall attractiveness of the property, solidifying its status as a desirable living destination in Orlando.
As multifamily living continues to evolve, developments like Solaya exemplify the trend toward luxury and convenience in residential spaces. With its strong occupancy rates and strategic location, Solaya stands poised to capitalize on Orlando's growth, making it a noteworthy player in the multifamily housing sector.
