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401 Monument Rd, Jacksonvil...

Updated Oct 28, 2024

SOLDMultiFamily

Kimball Key LLC Acquires Multifamily Property In Jacksonville From Carter Funds For $49M

401 Monument Rd, Jacksonville, FL, USA

$49,000,000

$225/SF

Building Size

217,798 SF

Asset Type

MultiFamily

Closing

Jun 14, 2020

About this deal

AI

A multifamily property located at 401 Monument Rd & 3000 Coronet Ln in Jacksonville has been sold. The transaction took place on June 14, 2021. The property consists of 422 units and is owned by Carter Funds.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $49,000,000
Units: 422
Price Per Unit: $116,114
Market: Jacksonville

The buyer of the property is Kimball Key LLC. The sale was facilitated by brokers Cliff Taylor and Joe Ayers from CBRE.

The multifamily sale at 401 Monument Rd, Jacksonville, FL, USA in Jacksonville, Florida sold for $49M in 2020. Reported inventory is 217,798 square feet across 422 units, or about 225 per square foot. Joe Ayers, Cliff Taylor, CBRE appear on the sale alongside CBRE. This page is the Jacksonville, Florida file for the 401 Monument Rd, Jacksonville, FL, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Jacksonville sit in the Market section below. Filter that Jacksonville multifamily set by closing date to see what else sold near 401 Monument Rd, Jacksonville, FL, USA around 2020. Published consideration for 401 Monument Rd, Jacksonville, FL, USA is $49M, dated 2020. Cite this Kimball Key LLC Acquires Multifamily Property In Jacksonville From Carter Funds For $49M sale when underwriting similar multifamily product around Jacksonville, Florida.