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Jax Daily Record Wednesday, Jun. 29, 202202:40 PM EST

The French Courtyard apartments sell for $3.73 million

The 42-unit Arlington community was built in 1964.
by: Dan Macdonald Staff Writer

The French Courtyard apartments in Arlington sold June 22 for $3.73 million.

The two-story, 42-unit community is at 3253 Justina Road. The per-unit price is $88,809.

French Courtyard LLC of Big Properties LLC of Jackson, Wyoming, sold the apartments to 3253 Justina LLC of BDP Impact Real Estate in Haverford, Pennsylvania.

NIA Hallmark Vice President Luke McMann and Senior Vice President John Rutherford brokered the transaction for both the buyer and seller.

The apartments, built in 1964, sit on 0.83 acres. The property features a courtyard with palm trees and azalea bushes. 

Its one-bedroom, 500-square-foot units rent for $700 to $800 per month. The community includes laundry facilities and high-speed internet access.

French Courtyard LLC bought the apartments in December 2020 from Dorothy K. Degeneffe a/k/a Dorothy R. Harris of Orange Park for $2.35 million.

Its current taxable value is $1,986,800.

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