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Jax Daily Record Friday, Jun. 4, 202112:28 PM EST

SUR Southside Quarter apartments sold for $75 million

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The community along Gate Parkway was built in 2019.
by: Katie Garwood Staff Writer

SUR Southside Quarter apartments in Southside Quarter along Gate Parkway sold June 1 for $75 million.

Houston-based Hines, which developed the apartments and is developing Southside Quarter, sold the property to San Diego-based Viewpoint Equities. 

Brian Moulder, Bobby Gatling and Dhaval Patel of Walker & Dunlop brokered the sale, Moulder said in a June 3 email.

The per-unit sale price of the 306-unit complex was $245,000. Moulder said the property is 97% leased. 

Southside Quarter is along Gate Parkway at southwest Interstate 295 and Butler Boulevard south of St. Johns Town Center. It comprises office, retail, medical and residential uses. The apartments are at 7385 Park Village Drive.

The apartments, built in 2019, offer one-, two- and three-bedroom units. 

Units offer granite countertops, kitchen islands, vinyl-plank flooring and balconies.

The community includes a clubhouse, grilling stations, fire pit, pool with cabanas and hammock garden, fitness center, conference rooms and a yoga and spin studio. 

 

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