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Jax Daily Record Monday, Jun. 20, 202209:48 AM EST

Newly built Sagefield apartments sell for $45.5 million

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The property, completed this year, sold for $194,238 a unit.
by: Dan Macdonald Staff Writer

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.

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