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Lake Lotus
Altamonte Springs, Florida
Units: 390
Leasing & Marketing: Del American
Contractor: Contravest
Property Management: Del American
Construction Lender: South Trust Bank
Total Investment: $26,800,000
Investor: Real Estate Capital Partners
Started: 1999
Completed: 2001
The Grand Regency at Lake Lotus is located off Gateway Dr. at 838 Grand Regency Pointe in Altamonte Springs, Florida. Del American and LeCesse Co developed the property using conventional financing. The property was built, on 20 acres, as 2 story garden direct entry buildings with a traditional architectural style and features 11 floor plans, 1 to 4 bedrooms, ranging from 735 sf to 1390 sf, averaging at 1040 sf. Amenities include a 4500 sf club house, fitness center, luxury pool and detached garages.