Atlanta Buyer Pays $212k/u for St. Johns Town Center Area Apartments

Carroll Organization of Atlanta has paid a reported $27.5M for 5 Thousand Town, a 130-unit upscale apartment community at St. Johns Town Center.  Carroll has bought 5 other JAX area communities, all in the last 2 years.  Roger Bull’s Sunday Notebook 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 May 4, 2015, in Multifamily, The Florida Times-Union, Transactions and tagged , , , . Bookmark the permalink. Leave a comment.

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