Southstar Capital Group has purchased the Aviva at Celebration apartments in the Walt Disney master planned community of Celebration. Trading for $67 million, or just under $218,955 per unit, the 306 unit property encompasses six 4-story buildings on a 14.4 acre site. Developed and sold by Hines, the complex features a clubhouse with media lounge, sports lounge, zero-entry saltwater swimming pool, and an indoor dog spa. Located 10 minutes from Walt Disney World, Celebration is Disney’s master planned community and is home to more than 12,000 people in 5,000-plus residences.
“We have been very pleased with Aviva at Celebration, which demonstrates that distinctive architecture, high-quality building and efficient unit layouts in a desirable location will outperform the market and be attractive to investors,” said Jon Wood, Hines managing director for Aviva at Celebration.
