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Oct 18, 2021

Northland Acquires Saddleworth Green in Ocala

Florida’s second-largest multifamily owner and operator expands regional portfolio through purchase of premier community, plans improvements


OCALA, FL (October 18, 2021) – Northland Investment Corporation today announced the acquisition of Saddleworth Green, an expansive residential community located in Ocala, Florida, formerly known as Steeples Apartments. The property offers 480 garden-style apartment homes situated across 35 two-story buildings sitting on 44 secluded acres. Northland will be investing nearly $2M in renovations and aesthetic improvements across the property to optimize the resident experience.


“Saddleworth Green offers charming homes, expansive amenities, and an unmatched lifestyle on a lush and sprawling landscape located within one of Florida’s most vibrant communities, and we couldn’t be more excited to add it to the Northland portfolio,” said Mike Campbell, Associate Vice President of Investments at Northland. “Ocala’s beautiful natural elements and convenient lifestyle offerings make it an ideal place to live. We are thrilled to bolster our presence in the region through this acquisition and look forward to providing a refreshed and outstanding lifestyle for its residents.”


The property’s beautifully appointed one-, two-, and three-bedroom homes have recently been renovated with upgraded kitchens and bathrooms that feature stainless steel appliances, washer and dryer connections, new cabinetry, updated light fixtures, granite countertops, and whirlpool garden tubs. Its resort-inspired lifestyle is emphasized through an array of active amenities, including nature trails, two resort-style swimming pools, an outdoor California kitchen, a tennis court, and a pickleball court. Additionally, residents can take advantage of the state-of-the-art fitness center with a yoga room and an exclusive resident lounge, or let their pets explore the bark park.


Saddleworth Green is located in Ocala’s Southeast side, just minutes from Northland’s other local property, The Estates at Heathbrook. It is also ideally situated just two miles from the College of Central Florida, Paddock Mall, and Shady Oaks Shopping Center. In addition, Publix is located just steps away, while Ocala Regional Medical Center is 20 minutes away and the nearby FL-40 W allows for quick and easy access to Silver Springs.


Northland is the second-largest multifamily owner and operator in Florida. The company’s extensive portfolio includes properties in Fort Myers, Melbourne, West Palm Beach, Orlando, Boynton Beach, Bradenton, Jupiter, Plantation, Sanford, Coconut Creek, Tampa, Indialantic, Orange City, Fort Lauderdale, Bonita Springs, and Land O’Lakes.