The Views at Harbortown in Jacksonville, Fla., a 300 unit multifamily community, has been acquired by The Praedium Group. The New York City based firm paid $57.3 million of $191,000 per unit. Located at on Atlantic Blvd., and completed in 2015, the property includes a trio of four-story buildings that are currently 93 percent leased. Amenities include an athletic club with separate spin and yoga room, boat slips, direct access to the marina, two resort-style swimming pools with cabanas and Wi-Fi cyber lounge.
The company bought the asset from Fairfield Residential. “The Views at Harbortown is a high-quality asset that offers residents access to the privately owned Harbortown Marina and the Intracoastal Waterway, an amenity uniquely relative to a competitive set of properties,” said Chris Hughes, principal of The Praedium Group.
