PIA Residential Snags Jacksonville Apartment Property for $33M

November 29, 2020 Miami-based private equity real estate firm PIA Residential and BH Equities have acquired St. John’s Pointe Apartments, a 284-unit rental community in Jacksonville’s Orange Park submarket. The sales price was $33.4 million. Located at 114 Old Orange Park Road, the garden-style apartment complex is nearby downtown Jacksonville and was built between 1968 […]

St. John’s Pointe Apartments sold for $33.4 million

The 284-unit community was built between 1968 and 1974. by: Katie Garwood Staff Writer Miami-based PIA Residential announced Nov. 17 it acquired St. John’s Pointe Apartments in Orange Park for $33.4 million. PIA Residential and Des Moines-based BH Equities closed on the 284-unit community at 114 Old Orange Park Road on Oct. 30. The seller was Tampa-based […]