Orlando Business Journal’s Richard Bilbao has reported that California-based Trion Properties has purchased the 384-unit Patterson Court complex for $107.75 million. Patterson Court was the former home to the Disney College Program before Disney moved its College Program campus to Flamingo Crossings.
Patterson Court is conveniently located between I-Drive and I-4 which provides easy access to Downtown Orlando. In a statement from Trion it was revealed Disney has a master-lease on the property through April 2023.
Trion is going to renovate the property to make it more useful for traditional multifamily residents.
Here is a look at Patterson Court.
Flamingo Crossings now serves as the home to the Disney College Program. The community is closer to Walt Disney World, and the updated campus is incredible. The new DCP apartments are just minutes away from shops and restaurants like Wendy’s, Five Below, Domino’s, Ellie Lou’s Brews & BBQ, Firehouse Subs, Persimmon Hollow Brewing Co., Pieology Pizzeria, Gyu-Kaku Japanese BBQ, UPS store, 7-Eleven, Ben & Jerry’s, Bento Asian Kitchen + Sushi, Dunkin’, Five Guys, PDQ, Target, Walgreens, Encore Nails, Hash House a Go Go, Lime Fresh Mexican Grill, Nick Filet, Ovation Bistro & Bar, Pita Mediterranean Street Food, Starbucks, and Simply Capri.
Zach Perilstein is the Editor-in-Chief of the Boardwalk Times
