The Mark at Wildwood, a 294-unit multi-family complex in Oxford, Florida has a new owner.
Atlanta GA (November 12, 2024)
JLL Capital Markets represented the seller, Varden Capital Properties and Tellus Partners. The buyer was a joint venture led by TriBridge Residential and Coro Realty.
The Mark at Wildwood, located at 3795 Bismark Ct., sits at the northwest corner of The Villages development in Sumter County, Florida, less than an hour north of Orlando. Strategically positioned adjacent to an Aldi grocery store, the property offers convenient access to over seven million square feet of commercial buildings and retail space. Residents benefit from proximity to essential goods and services, as well as major employment centers such as UF Health, The Villages Hospital, HCA Hospital, AdventHealth Emergency Room and a VA Outpatient Clinic nearby.
Sumter County, home to The Villages, stands out as America's fastest-growing metro area, boasting a remarkable 62% population surge since 2010. Known as America's Premier Active Adult Community, The Villages houses over 150,000 residents with a median age of 69.3 years and an average household income exceeding $103,000. This thriving community contributes to a robust local economy, supported by a highly educated populace, with 65% of residents holding college degrees.
The Mark at Wildwood, a Class-A luxury development completed in 2023, is a three-story, garden-style multifamily property offering a mix of one-, two- and three-bedroom flat and carriage home-style units. The community boasts high-end amenities such as a resort-style pool and clubhouse, while individual apartments feature luxury plank flooring, custom cabinetry with soft-closing hinges and stainless steel appliances.
“The Mark at Wildwood’s location next to the most developed retail corridor in The Villages allows its residents to enjoy a comfortable lifestyle with easy access to various employment centers, great grocery stores like Costco, Sprouts and Fresh Market as well as various healthcare hubs,” said Andy Green, Managing Partner at TriBridge Residential.
About Coro Realty
Coro Realty was founded in 1997 and is synonymous with intelligent real estate development and investment. With a commitment to smart growth, the urban landscape and innovation, Coro Realty continues to demonstrate its leadership in the market with the successful execution of quality investments. It provides investment, asset management, leasing and property management for a myriad of commercial and residential properties throughout the Southeastern United States. Coro Realty oversees approximately 50 properties valued in excess of a billion dollars. For more information, visit cororealty.com.
Media contact: Thornton Kennedy, (404) 210-0363, thornton@prsouth.net