Ashcroft Capital's Latest Acquisition
Ashcroft Capital, a well-known firm in multifamily investments, has made an exciting announcement regarding its latest property: the acquisition of Halston Waterleigh, a luxurious garden-style community located in the Orlando metropolitan area. This strategic acquisition is a significant milestone for Ashcroft as it continues to grow its presence in Florida, bringing the total number of properties it owns in the region to eleven.
Overview of Halston Waterleigh
Formerly known as Braxton Waterleigh, Halston Waterleigh boasts 354 elegantly designed apartment homes. This acquisition is not only Ashcroft's first multifamily property in Winter Garden but also its fifth in the greater Orlando area. With this addition, Ashcroft Capital's national portfolio now includes over 14,000 homes, reflecting its ongoing growth and strategic positioning in the market.
Luxury Living in Winter Garden
Halston Waterleigh offers an impressive selection of amenities for residents to enjoy. From a heated saltwater pool complete with inviting cabanas to a spacious fitness center, there is something for everyone. The resident clubhouse acts as a social gathering spot, enhanced by features like outdoor kitchen areas, a pet wash station, a pet park, and an exciting sand volleyball court. Each apartment is outfitted with high-end finishes, including stainless steel appliances and granite countertops, ensuring a luxurious living experience.
Strategic Insights into the Market
Frank Roessler, the founder and CEO of Ashcroft, expressed his excitement about the acquisition, noting the shrinking opportunities to acquire high-quality assets at competitive prices. The Orlando market, especially Winter Garden, is recognized as one of the fastest-growing suburbs in the city, and Ashcroft aims to offer residents an exceptional living experience in this sought-after community.
Community Features and Accessibility
Located at 10091 Tuller Loop, Halston Waterleigh not only represents a new community for Ashcroft but also aligns with the company's commitment to quality living. The thoughtfully designed Horizon West master community, where Halston is situated, spans 22,000 acres and provides easy access to top-rated schools, a variety of retail options, and numerous amenities that enhance the residents' lifestyle.
Nearby Locations and Attractions
This luxury community is conveniently located just moments from Florida State Route 429 and less than four miles from the famous Walt Disney World. Additionally, it is approximately 13 miles from Winter Garden's historic downtown area, nestled alongside the popular Lake Apopka. The community's excellent connectivity to both entertainment venues and employment centers in Orlando makes it an ideal location for residents.
A Commitment to Quality Living
JoAnn Blaylock, the president of Birchstone Residential, which manages Halston Waterleigh, highlighted the community's resort-like atmosphere and its dedication to providing exceptional service. With a focus on enhancing the best-in-class living experience, Birchstone Residential aims to elevate the already popular community through outstanding management practices and active resident engagement.
About Ashcroft Capital
Founded in 2015, Ashcroft Capital has quickly established itself as a key player in the multifamily investment landscape, managing a portfolio valued at around $2.7 billion. The firm’s strategy revolves around capital preservation and generating strong cash-on-cash returns for its investors. Backed by institutional capital, high-net-worth individuals, and family offices, Ashcroft is focused on acquiring and managing top-tier properties in key U.S. markets.
About Birchstone Residential
Birchstone Residential serves as the internal property management arm for Ashcroft Capital. It plays a crucial role in delivering comprehensive management services that maximize the financial performance of their properties while ensuring high tenant satisfaction. The team's commitment not only attracts new residents but also enhances the overall living experience for current residents within the communities.
Frequently Asked Questions
What is Halston Waterleigh?
Halston Waterleigh is a luxury garden-style community recently acquired by Ashcroft Capital, reflecting modern living standards with top-notch amenities.
Where is Halston Waterleigh located?
Halston Waterleigh is situated in Winter Garden, a suburb of Orlando, Florida, known for its rapid growth and family-friendly environment.
What amenities are offered at Halston Waterleigh?
The community offers amenities such as a heated saltwater pool, fitness center, resident clubhouse, outdoor kitchen, and pet-friendly facilities.
How many properties does Ashcroft Capital own in Florida?
This acquisition brings Ashcroft Capital's total to eleven properties in Florida, highlighting its significant presence in the state.
What is the vision of Ashcroft Capital?
Ashcroft Capital aims to enhance living standards while delivering robust returns to their investors through a focus on premium multifamily properties in prime submarkets.
