A 168-unit multifamily property near HCA Florida Memorial Hospital was sold for $29 million, broker NAI Hallmark announced Tuesday.
The Palms at 2800 Apartments is located a 2800 University Blvd., with the 168 units split between 18 two-story buildings consisting of one- and two-bedroom townhomes. The 8.6-acre property was built in 1971, a press release said. Records show the buyer as Lyfe Jacksonville LLC. The company is registered under Lyfe Properties Group, an apartment acquisition firm based in Waterbury, Connecticut.
NAI Hallmark Senior Vice President John Rutherford and Vice President Luke McCann brokered the transaction on behalf of seller Quad Property Group. “The property is in a premier location within the Southside submarket, central to four of the five major hospital systems and offers the opportunity to further the proven interior value-add program,” Rutherford said in the release. “The sale further shows the investment market’s demand for well-located assets with continuous rent growth upside.”Michaelson Real Estate Group, LLC
مصر أحدث الأخبار, مصر عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Southside apartments sold to Connecticut firm for $29M - Jacksonville Business JournalThe community consists of 168 units split between 18 two-story buildings.
اقرأ أكثر »
City of Jacksonville approves $3.8M permit for Arlington Winn-Dixie renovations - Jacksonville Business JournalShaycore LLC is the contractor slated to renovate the 43,615-square-foot store.
اقرأ أكثر »
Going inside Amazon's JAX2 distribution center days before Christmas - Jacksonville Business JournalHere's an inside look at what goes on after you click 'order' on the retail behemoth's website.
اقرأ أكثر »
DeSantis signs insurance, hurricane bills - Jacksonville Business JournalMore action on the insurance issue is expected during the regular session in March.
اقرأ أكثر »
Building on pent-up demand, Jax cruise industry hit new height in 2022 - Jacksonville Business JournalWith passengers returning in a big way, here's what the port authority is focusing on now.
اقرأ أكثر »