Navarino Capital Management & Mayfair Investment Partners Acquire 89-Unit Multifamily In Jacksonville For $13M

The multifamily property located at 2930 Stonemont St in Jacksonville was recently sold in a transaction. The property spans across 5.17 acres and is part of the Jacksonville market.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $13,000,000
• Number of Units: 89
• Price per Unit: $146,067

The buyers of the property were Navarino Capital Management and Mayfair Investment Partners, while the seller was Huber Equity Group. The deal was facilitated by brokers Luke McCann and John Rutherford from NAI Hallmark.