Aventura, FL-based All American RE Group acquired two apartment communities in Jacksonville, FL for $3.6 million.
The portfolio consists of the 60-unit Virginian Arms community at 2501 Jammes Rd and the adjacent 56-unit Arbor Oaks community at 3535 Jammes Rd.
James Reed and Matthew Kesterson of Franklin Street Real Estate Services represented the buyer and seller.
Please see CoStar Comp #3835045 for more information on this transaction.