Port Royale offers a mix of one- and two-bedroom apartments and a full suite of amenities, including an on-site marina with boat slips.
Florida is a go-to destination for snowbirds looking to escape Chicago's notoriously brutal winters, but as Taylor Johnson client Waterton demonstrates, the Sunshine State is also proving popular with apartment investors looking to strike while the market is hot. Waterton recently acquired Port Royale, a 553-unit community in Fort Lauderdale - one of three rental communities located along the popular Intracoastal Waterway. The deal marks Waterton's eighth acquisition in 2015 and expands the firm's current Florida portfolio to seven communities comprising more than 3,100 units.
