Thursday, August 8, 2013

Hendricks-Berkadia negotiates sale of 289-unit Addison Landing Apartments in Jacksonville for $19,185,000

ORLANDO, Fla. --- Hendricks-Berkadia Real Estate Advisors, which ranks as one of the leading multi-family investment banking and research companies in the nation, recently negotiated a $19,185,000 sale price for the Addison Landing Apartments located at 9455 103rd St. in Jacksonville. Cole Whitaker, partner who heads the Southeast Division of Hendricks-Berkadia, negotiated the transaction with associate partner Hal Warren and vice president Jason Stanton representing the seller, Jacksonville Zone, LLC. WRH Income Properties, Inc. of St. Petersburg, Fla. acquired the 289-unit apartment property consisting of 20 two and three-story buildings built in 2006 with one to four bedroom apartment homes. Amenities include controlled access entry, swimming pool, fitness center, business center and 24-hour maintenance.

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