A Maryland firm paid $29.1 million for a 396-unit apartment community in Jacksonville, Florida, its first acquisition in a city where strong demographics are drawing investor interest.
Population and Job Growth Attract Investors to Florida Apartments
Townsend Apartments Near Jacksonville Beaches Is Almost Fully Occupied
By Paul Owers
CoStar News
September 5, 2019 | 3:32 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Townsend Apartments
3501 Townsend Blvd, Jacksonville, FL