Thursday, August 15, 2013

Saddlebrook Landings Sells in Jacksonville

MLG Capital and Landings Real Estate Group purchased Saddlebrook Landings, a multi-unit residential complex at 3020 Christopher Gadsden Ct. in Jacksonville, FL, for an undisclosed price.

The 195-unit townhome development encompasses approximately 250,000 square feet of multifamily space on 247 acres in the Duval submarket.

The seller, The US Navy, had developed the property in the late 1970’s, and leased the property to military families. Saddlebrook Landings is currently undergoing renovation and new leasing will be available for military and civilian families alike.

There were no reported brokers involved in this transaction.

Please refer to CoStar COMPS # 2804059 for more information.

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