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| Deer Meadow Apartments, 8859 Old Kings Road South, Jacksonville, FL |
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| Cole Whitaker |
JACKSONVILLE, FL –
Berkadia recently completed the sale of Deer Meadow, an affordable housing
property located in Jacksonville.
Managing Director Cole Whitaker
of the Orlando office, Associate Director Greg
Rainey of the Jacksonville office and Senior Director Jason Stanton of the Tampa office handled negotiations for the
$13.1 million sale.
The seller was Deer Meadow
Associates, Ltd., of Rockville, Maryland, and the buyer was Aspen Square
Management, Inc. of Springfield, Massachusetts.
Built in 2000, the
200-unit property includes one-, two- and three-bedroom floor plans equipped
with walk-in laundry rooms, bonus rooms, solariums and kitchen appliances.
Community amenities include lake views, a fitness center, a clubhouse and a
swimming and wading pool.
Deer Meadow is located at
8859 Old Kings Rd. S., just one mile from Interstate 95 and within 12 miles of
downtown Jacksonville. Top employers in the area include Jacksonville Naval Air
Station, St. Vincent’s Medical Center Southside and Florida Blue, Florida’s
Blue Cross and Blue Shield company.
For a complete copy of the company’s news release,
please contact:
Beth Payan, Larry Vershel
Communications 407-644-4142 lvershelco@aol.com
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