Newly built Sagefield apartments sell for $45.5 million

The property, completed this year, sold for $194,238 a unit.


The Sagefield apartments at 13283 Main St. in North Jacksonville. (The Sagefield)
The Sagefield apartments at 13283 Main St. in North Jacksonville. (The Sagefield)
  • Real Estate
  • Share

The Sagefield apartments at 13283 Main St. in North Jacksonville sold June 16 for $45.5 million.

The community is just north of Airport Center Drive about a half-mile east of River City Marketplace.

Chance Jax MS LLC, part of the Chance Partners LLC a real estate firm that develops and manages residential and mixed-use properties in Jacksonville, sold the apartments to Sagefield (Jacksonville) Owner LLC, affiliated with ApexOne, a Houston-based real estate investment firm.

The 234-unit Sagefield was completed this year on 8.4 acres and sold for a per-unit price of $194,238. 

The Sagefield has one-, two- and three-bedroom apartments from 632 to 1,450 square feet. There are 13 floor plans. The three-bedroom has three bathrooms. 

Rents range from $1,375 to $2,295, according to apartments.com.

The complex has two four-story apartment buildings as well as two-story carriage homes with tuck-under garages.

It is a pet-friendly community with a pet spa. 

It has a resort-style pool, outdoor kitchen and fireplace and e-scooter and bike share. Interiors have 10-foot ceilings, stainless steel appliances and smart home technology with in-home 1G internet.

 

Sponsored Content

×

Special Offer: $5 for 2 Months!

Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.