Victoria at Orange Park apartments sold for $56.15 million

The 280-unit community comprises 14 three-story buildings.

Victoria at Orange Park apartments sold July 27 for $56.15 million, 51.3% more than in 2020.
Victoria at Orange Park apartments sold July 27 for $56.15 million, 51.3% more than in 2020.
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The 280-unit Victoria at Orange Park apartments at 1710 Wells Road sold July 27 for $56.15 million.

Through FL Victoria at Orange Park 1 LLC, Sundance Bay Income & Growth OP of Salt Lake City bought the property from Broadshore Capital Partners of Los Angeles through Reva Victoria Park 1 LLC.

The property is on the south side of Wells Road, east of Orange Park Mall behind Miller’s Ale House.

The 20-acre community, built in 1986, comprises 14 three-story buildings. 

The per-unit price is $200,535. 

The property last sold in 2020 for $37.1 million.

The apartments feature one- and two-bedroom units from 600 to 1,138 square feet. Rents are $1,231 to $1,689 per month, according to Apartments.com. 

Amenities include a business center, clubhouse, fitness center, pool, playground, tennis court and sundeck, according to Apartments.com. 

A property manager and maintenance is on site.

 

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