Ortega Pines Apartments Sells To Indiana Based Investor at $34k/u

A group from Indiana has purchased a value-add apartment community, Ortega Pines, for about $34k/u and plans to renovate over one-half of the units.  Colliers International’s Douglas Blair and Bradley Coe sold the deal.  Andrew Thurlow of the JAX Business Journal has the announcement.

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 August 19, 2014, in JAX Business Journal, Multifamily, Transactions and tagged , , , . Bookmark the permalink. Leave a comment.

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