Colliers Brokers the Sale of Atlantica Apts. in Atlantic Beach

Colliers multifamily specialists Bradley Coe and Douglas Blair recently sold the Atlantica Apartments located at 2760 Mayport Road in Atlantic Beach for $7.8M ($78k/unit). The property is comprised of 7 buildings that total 100 units.  The property sold to Becovic Management Group (IN based), who had purchased land across the street back in December for a planned 156 unit luxury apartment development that will be called Ocean Blue Apartments. Construction on that project is set for April of this year.

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 February 24, 2016, in Multifamily, Residential, Transactions, Uncategorized and tagged , , . Bookmark the permalink. Leave a comment.

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