A BRAND-NEW, 240-UNIT, CLASS A GARDEN APARTMENT COMMUNITY LOCATED AT THE EPICENTER OF CENTRAL FLORIDA’S BOOMING I-4 CORRIDOR
DAVENPORT, FL (ORLANDO MSA)
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Highlights
BRAND-NEW, CLASS-A GARDEN COMMUNITY BY AMERICA’S BUILDER®
Ascend Ridgewood Lakes is a luxury, 3-story garden-style community, completed in 2025 by DHI Communities (D.R. Horton), featuring an expansive amenity footprint and spacious one-, two-, and three-bedroom floorplans with high-caliber interior finishes.
HIGH-GROWTH DAVENPORT LOCATION: CENTRAL FLORIDA’S “BOOM-TOWN”
Polk County ranks No. 1 in Florida and No. 2 nationally among all counties for net migration (nominal), adding 33 “net” new residents per day from 2023–2025. Davenport anchors this momentum, currently growing at a clip of 150 households per month.
US-27 CORRIDOR’S EXPLOSIVE GROWTH & CRITICAL MASS
The Property is advantageously situated two miles south of I-4 (143,500 AADT) along Davenport’s vibrant U.S. 27 Corridor (75,334 AADT). Since 2020, the population along U.S. 27 has grown by an astounding 42% (+33,362 residents), propelling a self-reinforcing growth loop continuing to build on itself as new retailers, healthcare providers, schools, and other major employers look to establish a growing presence in the micromarket.
TIGHTENING SUPPLY SETS THE STAGE FOR RENT ACCELERATION
- Zero apartment communities currently under construction within a 5-mile radius of the Property.
- 2026 marks the submarket’s lowest volume of new supply in nearly a decade.
- Davenport / ChampionsGate is coming off a banner year for rental demand, absorbing 2,341 units in 2025 (third highest among all Florida submarkets).
STRATEGICALLY LOCATED AT THE EPICENTER OF THE I-4 CORRIDOR
- Strategically located between Orlando and Tampa, Ascend Ridgewood Lakes’ central positioning along the I-4 Corridor has attracted a dynamic range of residents, particularly appealing to dual-income households commuting across the Orlando, Lakeland, and Tampa MSAs for work.
- The Property is under 30 minutes to nearly half a million jobs.
LEADING ORLANDO MSA GROWTH FUNDAMENTALS
Fueled by its sustained, nation-leading population and employment growth figures, Orlando has emerged as a prime target market for both domestic and cross-border investors seeking attractive risk-adjusted returns.
Contact Us
ORLANDO OFFICE
300 South Orange Avenue
Suite 1500
Orlando, FL 32801
P: 407.481.0992
TAMPA OFFICE
4890 West Kennedy Boulevard
Suite 940
Tampa, FL 33609
P: 813.675.0114
Investment Sales
MATT MITCHELL
813.217.3419
[email protected]
DRE #BK3221815
CHRIS BURTNER
321.446.4789
[email protected]
DRE #SL3610412
COLE WHITAKER
407.481.2123
[email protected]
DRE #BK3271023
MARY BEALE
407.481.8602
[email protected]
DRE #SL3249671
JASON STANTON
727.244.3329
[email protected]
DRE #SL693000
DAVID ETCHISON
407.218.8881
[email protected]
DRE #SL3254467
Mortgage Bankers
WES MOCZUL
Associate Director
Orlando
[email protected]
407.481.0030
ALEC FOX
Director
Tampa
[email protected]
727.871.9576
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
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