Arlington Apartment Community Sells at $31k/u

A Tennessee family trust has bought the 1970s Azalea Ridge apartment community with 102 units for $3.1M, or about $31k/u.  Andrew Thurlow of The JAX Business Journal 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 April 17, 2015, in JAX Business Journal, Multifamily, Transactions and tagged , , , , . Bookmark the permalink. 1 Comment.

  1. Wow! That’s a great/low price-per-unit compared to Denver! Thanks for sharing this article. ~Kyle

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: