
Business Strategy: ‘Luck and a lot of hard work’ for Kilwins owners
Starting with a day care center, the Stallings family found success with ice cream shop, Jax Kitchen and an Airbnb.
Starting with a day care center, the Stallings family found success with ice cream shop, Jax Kitchen and an Airbnb.
The property was built in 2009 with 136 rooms, a pool and lounge at 751 Skymarks Drive.
The real estate company paid $3.3 million for the 16.36-acre Orange Park site.
The 308-unit Riverside Avenue project opened in 2021.
Apartment vacancy rates are at an all-time low in Northeast Florida, falling to 4.5%.
The Orange Park building replaces the Morocco Shrine Center on St. Johns Bluff Road.
The 110 three-bedroom units, built in 1990, traded for $106,818 per unit.