The 110-unit Hampton Ridge Apartments at 11501 Harts Road sold Dec. 21 for $11.75 million.
SP Hartwood Limited Partnership of Tampa sold the property to Starwood Capital Group Global LP of Greenwich, Connecticut.
Hampton Ridge, in North Jacksonville, was built on 13.9 acres in 1990. It sold for $106,818 a unit.
The community has a pool, business center, playground, on-site management and available high-speed internet.
The apartments all are three-bedroom units from 1,181 to 1,273 square feet.
Apartments.com reported that all the units were occupied at the time of the sale.
The current taxable value is $2.9 million.
SP Hartwood paid $5.95 million for the property in 2006.