Deerwood Village Apt Homes in Ocala sold by Brookfield Property affiliate

9 September 2015

Ocala FL Apartment Partners LLC has purchased the Deerwood Village Apartment Homes in Ocala. The 328 unit, garden-style, luxury multifamily community was completed in 2006 and is located at 1850 Southeast 18th Ave. The 40-acre site is located within three miles of both Munroe Regional Medical Center and Ocala Regional Medical Center, which employ more than 3,000 people. The seller, an affiliate of Brookfield Property Partners, was represented by Cushman & Wakefield.

“The Ocala multifamily market is incredibly strong at the moment,” said Jay Ballard, Cushman & Wakefield’s senior director, citing a market-wide occupancy rate approaching 97 percent. “And it continues to show strong occupancy and rental growth.”

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