Ekos at Lake Shadow
Investment Overview
Project Overview
Ekos at Lake Shadow is a 96-unit, new construction project located in Orlando, FL, that provides affordable family housing to households making between 30-70% of the Area Median Income. The project’s Total Development Cost is approximately $28.2M, which is being financed with 9% Low Income Housing Tax Credits. Wells Fargo provides both debt and equity. The project commenced construction in 3Q2021, and Temporary Certificate of Occupancy (TCO) was received on May 1, 2024.
The project is a garden-style development with a standalone clubhouse that provides residents with various amenities. The property offers one, two and three-bedroom apartments with spacious kitchens incorporating kitchen islands, stainless steel appliance packages, granite countertops, tile backsplash, wood-like plank flooring throughout, walk-in closets, and washer/dryer hook-ups in all homes.
Property Highlights
Amenities:
- Outdoor Pook with BBQ Grill and Seating Area
- Children’s Playground
- State-of-the-Art Fitness Center
- Cornhole Game Area
- Media Center
- Scenic Fitness Trail
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