Westside Multifamily Community Trades at $30k/u – CoStar Group
Eagle Property Capital acquired Cross Creek at 1441 Manotak Ave. in Jacksonville, FL from Castle Hill Partners for a little more than $8.87 million, or about $30,000 per unit.
The subject property is a 292-unit, two-story multifamily building constructed in 1973 in the Hyde Park Multifamily submarket of Jacksonville.
Sobe Realty represented the buyer. Stephen Lear of Walchle Lear Multifamily Advisors represented the seller.