JACKSONVILLE, FL-Austin, Texas-based Castle Hill Partners has acquired a portfolio of Class C multi-housing properties situated in Jacksonville for a total amount of $23.6 million. The acquired multifamily properties are The Woods at Mandarin, Club at Charter Point in Arlington, Cross Creek on the Westside and City Rich in Arlington.
A total of 1,239 units are included in the portfolio. The properties were foreclosed on nearly a year ago. Walchle Lear Multifamily Advisors handled the deal.For the full story, go to Jacksonville Business Journal.
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