Related Group buys Westgate Apartments for $16.7 million

The 168-unit complex in Cedar Hills was built in 1980.

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  • | 1:21 p.m. January 23, 2023
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The Westgate Apartments at 7411 LaVentura Drive in Cedar Hills sold Jan. 18 for almost $19.7 million.

Westgate Ltd. of Jacksonville sold the property to Related Group of Miami.

Related Group formed Westgate Apartments LLC to buy the property.

The complex was built in 1980 on 16.4 acres. It comprises 168 one-story units 

The per-unit price is $117,232.

The property sold in June 1979 for $264,000. The Duval County Clerk of the Courts website has no further details on the sale.

The apartments comprise two-, three- and four-bedroom units from 858 to 1,300 square feet. No information on monthly rents was available.

The apartments are near the Sweetwater Playground at 7220 Esther St.