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Charter Landing is a 332-unit property located adjacent to the St. Johns River in Duval County, FL Charter Landing is a 332-unit property located adjacent to the St. Johns River in Duval County, FL

JACKSONVILLE, FL—Savlan Capital of Hollywood, FL has acquired its second commercial property here with the purchase of the 332-unit Charter Landing community.

Savlan purchased the development from Lichtman Nass Development Group, LLC for $28 million, which calculates out to $84,337 per unit. The community, first developed in 1975 on a 26.6-acre site at. in Jacksonville’s Arlington multifamily submarket, was 92% occupied at the time of the sale.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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