Skip to main content
Real Estate
Jax Daily Record Friday, Apr. 16, 202110:46 AM EST

Volaris West Kernan apartments sold for $66.25 million

Share
The 301-unit community was developed in 2019.
by: Katie Garwood Staff Writer

The Volaris West Kernan apartments sold for $66.25 million on April 6, according to a deed recorded April 15 with the Duval County Clerk of Courts.

Connecticut-based Waypoint West Kernan FL Owner LLC, operated by Waypoint Real Estate Investments, sold the property to Washington, D.C.-based FRMF Jax, LLC, which is operated by Fundrise. 

The 301-unit apartment community was constructed in 2019 at northwest Kernan and Beach boulevards at 12517 Beach Blvd.

The apartments sold for $220,099.67 per unit.

Rents range from $1,270 a month for a one-bedroom to $2,180 a month for a three-bedroom apartment. 

Units include granite countertops, vinyl flooring, stainless steel appliances, walk-in closets, glass showers and balconies. 

The community offers a pet play and washing area, Peloton bikes, community fire pit, resort-style pool, fitness center, clubhouse, coffee bar and refreshment center. 

Be the first to know the latest breaking news and information that business leaders rely on in this fast-paced changing Northeast Florida economy. Regional business news, trends and statistics needed to grow your business. Key upcoming events you won’t want to miss and much more. Click Here to Grow your Business NOW!

Related Stories

Advertisement