Sutton Place

Colliers, as exclusive agent, is pleased to introduce you to Sutton Place apartments. A 55-unit, single-story garden style community located in Lakeland, Florida. The property is situated on a 3.46-acre parcel, offering a low-density residential setting with convenient access to Interstate-4, U.S Highway-98, nearby retail, restaurants, healthcare facilities, schools, parks, lakes, amusement parks and regional employment centers. The property totals approximately 31,680 rentable square feet and was constructed in 1984. Sutton Place offers a practical and highly rentable unit mix consisting of 6 studio units averaging 288 square feet, 43 one-bedroom/one-bathroom units averaging 576 square feet, 4 two-bedroom/one-bathroom units averaging 864 square feet and 2 two-bedroom/two-bathroom units averaging 864 square feet. Unit amenities include washer/dryer hookups for all units except studios, air conditioning, dishwashers, storage space and semi-private patios. Community amenities include laundry facilities, on-site management, on-site maintenance and single-story ranch style living. The property offers new ownership upside opportunities through continued unit upgrades, washer/dryer implementation, ancillary income and improved operating execution.

Sutton Place residents are less than 3 miles from major employers, entertainment centers, shops, restaurants, medical centers, academic institutions and amusement parks. The property is in proximity to major roadways, giving easy access to all the great things Lakeland and central Florida have to offer. Lakeland’s place along I-4 between Tampa and Orlando makes it one of only a few markets in the U.S. within 3 hours drive to more than 20 million people. This makes Lakeland an attractive place for people and fortune 500 companies to move to. Publix has their corporate headquarters in Lakeland, Florida, and many other major companies that have a large presence in “Swan City” include Lakeland Regional Health, GEICO, City of Lakeland, Walmart, Amazon, FedEx and Watson Clinic. Lakeland has positioned itself a top 10 boomtown by Lending Tree and ranked #7 in the U.S. News and World Report’s Best Places to move in the U.S.”. In 2024, the Lakeland MSA was the top-growing metro in Florida and fourth in the U.S.