A 12-unit Orange Park multifamily building on a major Clay County road sold for $1.775 million, broker NAI Hallmark announced Monday.
Located at 1357 Kingsley Ave., Kingswood Apartment Homes is on 1.6 acres. The property consists of three buildings and recently received improvements to its exterior, appliances and flooring, a press release said. It was built in 1984. NAI Hallmark Vice President Luke McCann and Associate Andrew Tyrrell brokered the transaction on behalf of the seller, which is Burlington-Vermont-based Kingswood Equity Partners. The firm acquired the property in February 2021 for $1.095 million, records show.
“NAI Hallmark is pleased to have represented the seller in the transaction of Kingswood Apartment Homes. The property’s central location on a major thoroughfare in the Orange Park submarket provides strong employment drivers such as HCA Florida Hospital, NAS JAX, and Cecil Commerce Center," McCann said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Orange Park apartments sell for $1.75 million - Jacksonville Business JournalKingswood Apartment Homes consists of three buildings and was built in 1984.
Source: JaxBizJournal - 🏆 599. / 51 Read more »
CEO Insights: Bradley S. Talbert on Jacksonville's health, economic development - Jacksonville Business JournalThe Business Journal is capturing insights of some of Jacksonville's most prominent CEOs. Here's what Brad Talbert, Chairman of the JAX Chamber has to say regarding 2022 and beyond.
Source: JaxBizJournal - 🏆 599. / 51 Read more »
Here's why Gen Z could be a big challenge for Jacksonville - Jacksonville Business JournalThe small size of Gen Z will pose a significant long-term challenge for companies and communities already grappling with a tight labor force. Here's what it could mean locally.
Source: JaxBizJournal - 🏆 599. / 51 Read more »
Here's why Gen Z could be a big challenge for Jacksonville - Jacksonville Business JournalThe small size of Gen Z will pose a significant long-term challenge for companies and communities already grappling with a tight labor force. Here's what it could mean locally.
Source: JaxBizJournal - 🏆 599. / 51 Read more »
CEO Insights: Bradley S. Talbert on Jacksonville's health, economic development - Jacksonville Business JournalThe Business Journal is capturing insights of some of Jacksonville's most prominent CEOs. Here's what Brad Talbert, Chairman of the JAX Chamber has to say regarding 2022 and beyond.
Source: JaxBizJournal - 🏆 599. / 51 Read more »
Large industrial park proposed near St. Augustine - Jacksonville Business JournalThe proposed project would bring much-needed warehousing space, but some argue it's not compatible with surrounding development.
Source: JaxBizJournal - 🏆 599. / 51 Read more »