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.
Posted on February 24, 2016, in Multifamily, Residential, Transactions, Uncategorized and tagged Atlantica Apartments, Becovic Management, Ocean Blue Apartments. Bookmark the permalink. Leave a comment.