Brickstone Maitland Summit

IPA is pleased to present Brickstone Maitland Summit (the “Property”), a 272-unit multifamily asset in the highly desirable Maitland area of Orlando across from AdventHealth’s 1+ million SF corporate campus (~2,000 employees). This luxury product features 9' ceilings and units with direct-access garages, in a high-barrier-to-entry-location surrounded by white collar jobs. With newer units in the comp set achieving premiums of $250+/ month, new ownership has the opportunity to realize meaningful revenue gains through modest operational and cosmetic enhancements in an "A+" submarket. 

In 2025, Orlando is projected to be the 3rd best multifamily market in the U.S. The metro is forecast to record the highest household formation rate in the country and be among the top 5 nationally in employment gains. Those high-growth metrics are occurring at a time when apartment deliveries are declining significantly, prompting projected rent growth in the metro this year of 5.1%. In this well-established Maitland submarket, Brickstone Maitland Summit presents the exceedingly unique opportunity for investors to buy an asset with upside in a top-tier location expected to see significant macro-and micro-growth.