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Management Group Sells 120-Unit Park Village Apartments

Lyfe Properties Pays $20.2 Million for Orange Park Multifamily
The apartments were built in 1968 on 6.5 acres in the Jacksonville multifamily market. (CoStar)
The apartments were built in 1968 on 6.5 acres in the Jacksonville multifamily market. (CoStar)
By Amber Valentine
CoStar Research
March 30, 2022 | 9:08 P.M.

Lyfe Properties Group purchased the 120-unit Park Village apartments at 741 Park Ave. in Orange Park, Florida, for $20.2 million, or about $168,000 per unit, from Mayfair Management Group.

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