Plans to develop Twin Lakes at Avon Park, in Central Florida’s lake region are reportedly moving forward. Recently the developer, Sunlight Resorts, secured $23 million in bridge financing from DLP Capital to build the high-end manufactured rental home community.
DLP Capital’s CEO, Don Wenner said his company is focusing on providing capital solutions to mitigate America’s workforce housing crisis. He said Twin Lakes at Avon Park would help fill the enormous void in affordability; an issue plaguing many Sunbelt markets. As a result, Wenner expects the new rental community to become a highly sought-after property.
Features of the Twin Lakes at Avon Park
The Twin Lakes at Avon Park will feature a 325-rental home community nestled between Lake Anoka and Lake Lelia.
It will be built on a property spanning over 76 acres, and situated near the U.S. 98 and 64 routes. Therefore, the location offers easy commutes to Tampa and St. Petersburg and it’s roughly 3 miles from Avon Park Executive Airport. Additionally, residents will also have access to the Sun Ray shopping Centre that’s about 10 miles away.
The Twin Lakes at Avon Park community will consist of factory-built homes with diverse floorplans. It also provides standard mobile homes for an average size of 1,027 square feet. The mobile homes will include three bedrooms and two bathrooms along with an entryway.
In addition, residents will be allowed to customize their mobile homes to include attached garages and carports. All the homes will be energy efficient, with highly insulated climate control, thermal windows, and efficient heating and cooling systems.
Amenities
The Twin Lakes at Avon property will feature shared luxury amenities such as a swimming pool with a hot tub. Residents will have access to a clubhouse as well as fitness and business centers. On top of that, the community also provides docks and public fishing spots, a pet park, and a pickleball court.
Sunlight Resorts intends to build Twin Lakes at Avon Park as an energy-efficient property with highly insulated climate control. Therefore, the design plans for buildings include thermal windows and efficient heating and cooling systems. The developer expects the first home pads to be ready for occupancy by early next year.
