New Apartments Planned For Butler/Southside Tract

More multi-family construction is on the way, now for 300 units on Skinner Parkway near St Johns Town Center on a 15-acre site the developers paid about $5.4M for ($18k/u).  With a construction cost of about $30M, rents will be in the $1,100 to $1,600/month range.  It will be next door to the new Lost Lake Apartment community on Skinner Parkway and will be developed by Killashee Investments and Joseph Eckstein of A.C. Packer.  Roger Bull of The Florida Times-Union has the story.

About scottrogersjax

30 years' in commercial real estate investment sales, banking, mortgage banking, and valuation. Trained and schooled in Atlanta, and now heading the Investment Sales Team in the Colliers Jacksonville office.

Posted on July 8, 2014, in Development, Multifamily, Transactions and tagged , , , , , . Bookmark the permalink. Leave a comment.

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