PONTE VEDRA BEACH, FL—Locally-based multifamily real estateinvestment firm Cocke Finkelstein Inc. hasacquired the Remington at Ponte Vedra Lakes, a344-unit, garden-style apartment community, here for $35.35million.
Remington at Ponte Vedra Lakes was built in 1986 and sits onmore than 28 acres. The development features one- and two-bedroomfloor plans. Amenities include varied recreational facilitiesincluding a racquetball court, full fitness center, kids'playground and two year-round outdoor swimming pools; a car-carecenter; dog parks and numerous bridges, gazebos and lakesidevistas.
Company officials say that a multimillion-dollar renovationprogram is planned for the community that will commence immediatelyand will include major enhancements and modernization to bothexterior and interiors, as well and new and expanded amenitiesthroughout the site.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
