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

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