PROJECT SUMMARY
We are excited to announce the launch of a new multi-family development in Deltona, Florida – Magnolia Townhomes at Deltona. This project will feature 126 modern two- and three-bedroom townhomes, strategically located on Howland Blvd, one of the fastest-growing corridors in Volusia County. With major job drivers such as the new 1.4MM SF Amazon Distribution Center and Deltona Village nearby, the area benefits from robust population and employment growth.
Key Highlights:
- Target Raise: $9.73M (of which $1.2M is still available)
- Total Project Cost: $36M
- Projected Investor Returns: 20.11% IRR and 2.03x MOIC over 3 to 5 years
- Unit Mix: 2- and 3-bedroom townhomes, with and without garages
- Strong Market Fundamentals: Significant in-migration, healthcare and logistics growth, and rental demand outpacing Orlando
We believe this is an exceptional opportunity to participate in a high-growth market with strong fundamentals and attractive projected returns.
