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Jax Daily Record Friday, Dec. 3, 202103:06 PM EST

Tapestry Westland Village apartments sell for $65.25 million

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The 266-unit community was built in 2020 near Naval Air Station Jacksonville.
by: Dan Macdonald Staff Writer

Arlington Collins Road LLC of Birmingham, Alabama, sold the Tapestry Westland Village apartments to Tapestry Westland Village POE, LLC of Tampa on Dec. 2 for $65.25 million.

The community at 6505 Collins Road comprises 266 units among 14 buildings on 24.8 acres. The apartments were built in 2020.

The price per apartment averages to $245,300.

The property’s current taxable value is $41,4 million.

Erik Bjornson and Tyler Nilsson of Newmark Knight Frank brokered the deal on behalf of both the buyer and the seller.

The apartments are 7 miles from Naval Air Station Jacksonville and less than 12 miles from five parks.

The complex offers studio, one-, two- and three-bedroom apartments ranging in size from 725 to 1,324 square feet with monthly rents from $1,295 to $1,845, according to Apartments.com.

Features include granite countertops, eat-in islands, washer and dryers and wood-design floors. Amenities include a saltwater pool, clubhouse and business center, grills and space for outdoor dining. There is a pet park, fitness center and yoga studio with an on-demand personal trainer, and Wi-Fi available in the clubhouse and pool area.

 

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