Birmingham Investor Pays $51.2k/u for Peppertree Lane Apts on Eastside

Engel Realty, an investor out of Birmingham, paid $8.5M for Peppertree Lane Apartments, 166-unit multi-family development built in the early 1970s and located at 2800 University Blvd. on the Eastside, all according to a staff report from The JAX Daily Record.

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 16, 2015, in JAX Daily Record, Multifamily, Transactions and tagged , , , . Bookmark the permalink. Leave a comment.

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