ApexOne Investment Partners Acquires Multifamily Property In Jacksonville For $65.8M

11723 Wells Creek Parkway in Jacksonville has been sold in a recent transaction. The property is a multifamily asset and was sold for a total price of $65,800,000. It consists of 280 units, and the price per unit comes out to be $235,000.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $65,800,000
• Address: 11723 Wells Creek Parkway
• Market: Jacksonville
• Buyer: ApexOne Investment Partners - Jim Hearn & Tim Burns
• Seller: Jax Philips Hwy Apts LLC
• Units: 280
• Price Per Unit: $235,000

The buyers of 11723 Wells Creek Parkway were ApexOne Investment Partners, represented by Jim Hearn & Tim Burns. The seller was Jax Philips Hwy Apts LLC.