SOLD
Measured Capital Acquires Hidden Oaks Multifamily In Jacksonville For $5.95M
10825 Key Haven Boulevard
MultiFamily
Sold 65 days ago
Summary
Sale
FLORIDA
MultiFamily
The sale involved the Hidden Oaks Apartments, a multifamily property located at 10825 Key Haven Boulevard in Jacksonville. The property consists of 64 two-bedroom units and was sold for $5.95 million in a transaction between Measured Capital and Key Haven Partners.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,950,000
- Units: 64
- Price Per Unit: $92,969
- Address: 10825 Key Haven Boulevard
- Market: Jacksonville
The deal was facilitated by brokers John Rutherford and Luke McCann of NAI Hallmark. Measured Capital, a California-based real estate firm, acquired the property from Key Haven Partners. The buyer plans to implement significant upgrades to the complex, focusing on improvements to the exterior, interior, and community spaces. The strategic enhancements aim to better cater to the area's growing employment base, which includes Baptist Health and Florida State College.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: John Rutherford & Luke McCann
DATE: 02/20/2024
ADDRESS: 10825 Key Haven Boulevard
MARKET: Jacksonville
ASSET TYPE: Multifamily
BUYER: Measured Capital
SELLER: Key Haven Partners
BROKERS: John Rutherford & Luke McCann (@LukeMcCann) - NAI Hallmark (@NAIHallmark)
SALE PRICE: $5,950,000
UNITS: 64 ~ PPU: $92,969
NOTE: Hidden Oaks Apartments in North Jacksonville sold for $5.95 million to California-based real estate firm Measured Capital, marking its first Florida property. The complex of 64 two-bedroom units will undergo significant upgrades to better serve the area's growing employment base, including Baptist Health and Florida State College, with improvements focusing on exterior, interior, and community spaces.View on map
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Address10825 Key Haven Boulevard
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