The Altman Companies, a nationally recognized developer of exceptional rental apartment communities, is proud to announce that its Altís Shingle Creek community, located in Kissimmee, FL, achieved stabilization by reaching 94% occupancy this month.
The property, located at 4350 Osceola Trail Road, is just east of Disney World and situated on the south side of Osceola Parkway between Vineland Road and John Young Parkway. The 356-unit apartment community is NGBS certified and features breathtaking views of Shingle Creek’s estuary.
“We’re overjoyed at the response from the community to our Shingle Creek Community,” said Joel Altman, Chairman of The Altman Companies. “Our company prides itself on creating an exceptional living experience for our residents.
Altís Shingle Creek features spacious one-, two-, and three-bedroom apartment homes with chef-quality kitchens, wood-style plank flooring, and spa-inspired baths. Each resident has a private, covered entrance to his or her apartment, an Altman-exclusive design that eliminates breezeways. Select units includes a direct access attached garage. Residents are also able to utilize a bicycle storage room with complimentary bike maintenance and repair equipment.
Altís Shingle Creek is a pet-friendly community, with an indoor dog spa dedicated for pet grooming, neighborhood walking paths and a dog park.
The elegant clubhouse provides numerous amenities unique to the area. The upbeat contemporary theme of the clubhouse is designed to evoke the distinctiveness of the community, while also providing a welcoming sense of belonging.
Altís Shingle Creek is composed of 24-plus net acres on the south side of West Osceola Parkway, located minutes away from Downtown Orlando. Located approximately 2.5 miles from heavily traveled Interstate-4, Altís Shingle Creek provides convenient access to many of Central Florida’s growing employment centers. In addition to its world renown resorts (Walt Disney World, Sea World, and Universal Orlando), the region is emerging as a national leader in healthcare and advanced manufacturing.
Last November, Altman sold the apartment community to a joint venture which includes Starlight Investments, a privately held Toronto-based, full service, multi-family and commercial real estate investment and asset management company. Starlight Investments is also the asset manager of Altman-built and managed Altis Sand Lake in Orlando, Altís Grand Cypress in Lutz, Florida, and Altis Lakeline in Austin, Texas.
BBX Capital Real Estate, a division of BBX Capital Corporation, a New York Stock Exchange company, currently owns 50% of The Altman Companies.