Seagrass Apartments Sold for $143K per Unit

The 397 unit Seagrass Apartments just sold for $56.7M, or $143K per unit. The property is located off San Pablo Road, on the Intracoastal waterway. Andrew Thurlow with the Jacksonville Business Journal has the whole story.

About Ernie Saltmarsh

Ernie works for Colliers International in the Northeast Florida Investment Services Group. The team includes Robert Selton, Scott Rogers, Ernie Saltmarsh and Adrienne Miller. Ernie works with buyers who are looking to invest in commercial real estate and sellers who are looking to dispose of investment assets. Ernie's background in research, marketing and finance provide the vital skills necessary to serve his clients.

Posted on January 29, 2015, in JAX Business Journal, Multifamily and tagged . Bookmark the permalink. Leave a comment.

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