SOLD
Park At River City LLC Acquires 104-Unit Multifamily Property In Jacksonville
10621 Monaco Drive
MultiFamily
Sold 233 days ago
Summary
Sale
FLORIDA
MultiFamily
A 104-unit multifamily property located at 10621 Monaco Drive in Jacksonville's Northside has been sold for $7.5 million. The property was built in 1967 and spans across 5.59 acres. The transaction was brokered by NAI Hallmark Senior Vice President John Rutherford and Vice President Luke McCann on behalf of the buyer, Park at River City LLC, and the seller, Toro Real Estate Partners.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $7,500,000
- Address: 10621 Monaco Drive
- Market: Jacksonville
- Acres: 5.59
Park at River City LLC, a Beverly Hills-based buyer, acquired the multifamily property. The deal was facilitated by brokers John Rutherford and Luke McCann from NAI Hallmark. The property was sold by Toro Real Estate Partners.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: John Cohen, Luke McCann & John Rutherford
DATE: 09/12/2023
ADDRESS: 10621 Monaco Drive
MARKET: Jacksonville
ASSET TYPE: Multifamily ~ ACRES: 5.59
BUYER: Park at River City LLC - Alan Naim
SELLER: Toro Real Estate Partners (@ToroRealEstate) - John Cohen
BROKERS: John Rutherford & Luke McCann (@lukemccann) - NAI Hallmark (@naihallmark)
SALE PRICE: $7,500,000
UNITS: 104 ~ PPU: $72,115
NOTE: A Beverly Hills-based buyer, Park at River City LLC, has acquired a 104-unit multifamily property in Jacksonville's Northside for $7.5 million. The property, located at 10621 Monaco Drive, was built in 1967 and was brokered by NAI Hallmark Senior Vice President John Rutherford and Vice President Luke McCann on behalf of the buyer and seller, Toro Real Estate Partners.View on map
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Address10621 Monaco Drive
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