FinCapital Investments Acquires Multifamily Property In Jacksonville From Simplicity Capital

The multifamily property located at 4070 Barnes Road South and 1600 Lansdowne Drive in Jacksonville has been sold. The transaction took place on December 31, 2021.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $20,150,000
• Units: 185
• Price per Unit (PPU): $108,919
• Market: Jacksonville

The buyer of the property is FinCapital Investments, while the seller is Simplicity Capital. The deal was facilitated by brokers John Rutherford and Luke McCann from NAI Hallmark.

Luke McCann and John Rutherford represented the buyer and seller respectively in the transaction.