River City Area Apartment Communities Sold at $62M or $112k/u
Cortland Partners, an Atlanta developer that bought The Mirador & Stovall Apartment communities in 2012 for about $52.6M, sold them on Friday to TX-based Olympus Property Management at $62M. They are located on the city’s far north side, on the east side of I-95 at the airport exit. Andrew Thurlow of The JAX Business Journal reports on the transaction.
Posted on November 1, 2014, in JAX Business Journal, Multifamily, Transactions and tagged andrew thurlow, Apartments, cortland partners, olympus property management, river city. Bookmark the permalink. Leave a comment.