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CBRE Arranges $49.5M Sale of Multifamily Property Near Orlando

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unit Lake Tivoli Apartments is located at 851 Lake Tivoli Blvd. in Kissimmee, Fla., roughly 22 miles south of Orlando." /> The 384- unit Lake Tivoli Apartments is located at 851 Lake Tivoli Blvd . in Kissimmee, Fla., roughly 22 miles south of Orlando. KISSIMMEE, FLA. — CBRE has brokered the $49.5 million sale of Lake Tivoli Apartments , a 384- unit multifamily property located at 851 Lake Tivoli Blvd . in Kissimmee, roughly 22 miles south of Orlando. Shelton Granade, Luke Wickham and Justin Basquill of CBRE represented the seller, Lake Tivoli Apartments LLC . Newport News, Va.- based Chandler Residential acquired the asset. The property comprises 36 two- and three-story buildings. Community amenities include a lakeside sundeck, pool, tennis, racquetball and basketball courts, clubhouse, fitness center and a spa. Lake Tivoli Apartments was 97 percent occupied at the time of sale. Tagged sales_and_leases