Acquired Q2 2022
Address: 1900 Post Road
Melbourne, FL 32935
Website: www.TheParkatTopazCay.com
Number of Units: 197
The acquired property, The Park at Topaz Cay, was built in 1985 and offers beautiful 1 to 3-bedroom garden-style apartments. Just steps from historic Downtown Sanford, the Marina, Riverwalk, and Waterfront dining. The property offers a spectacular location with amazing views of Lake Monroe and is just minutes from Interstate 4, Toll Road 417, the Central Florida Zoo, Orlando/Sanford Airport, Central Florida Regional Hospital, and Fort Mellon Park.
The Park at Topaz Cay Apartments was built in 1985. The property offers beautiful 1 to 3-bedroom garden-style apartments and amenities such as a swimming pool, laundry facilities, clubhouse, basketball court, courtyard, maintenance on-site, 24-hour access, planned social activities, and a car wash area.
Due to its location on the Indian River Lagoon, water-related activities form the basis of many recreational pursuits in Melbourne-Palm Bay – such as surfing, boating, kayaking, fishing, and manatee-watching are all popular pastimes for residents and tourists alike. The famed Space Coast where the subject property is located, is one of the biggest economic growth regions of the Southeast due to aerospace and engineering, defensive contracting, and healthcare.
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