Two distressed apartment communities sold for $20.3 million

The city cited Colonial Forest and the Northwood Apartments for maintenance issues in 2023.

Avenue 1601, the former Northwood Apartments, at 1601 Dunn Ave in Jacksonville.
Avenue 1601, the former Northwood Apartments, at 1601 Dunn Ave in Jacksonville.
Southeast Property Group
  • Real Estate
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Southeast Property Group of Fort Lauderdale bought the Colonial Forest and Northwood Apartments on March 1 for $20.3 million and renamed both communities.

Colonial Forest at 5928 Firestone Road in West Jacksonville is now The Belmont.

Northwood Apartments at 1601 Dunn Ave. in North Jacksonville is Avenue at 1601.

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