American Landmark, a U.S. multifamily real estate investment firm, has completed the sale of Landings at Lake Gray, a luxury multifamily community in West Jacksonville, for $34.6 million.
American Landmark sold the 300-unit community, located at 6500 Lake Gray Blvd, to Texas-based real estate investment firm and fund manager ApexOne Investment Partners.
The property, constructed in 2005, has community amenities including a clubhouse, pool, dog park, fitness center, outdoor kitchen, playground, package service and pet care.
More so, the asset consists of 96 one-bedroom, 148 two-bedroom and 56 three-bedroom units with sizes ranging from 732 to 1,213 square feet. CBRE represented the seller in the deal.