The Praedium Group Sells The Views at Harbortown Apartments in Jacksonville, FL
November 15, 2021
New York, NY – November 15, 2021 – The Praedium Group, a national real estate investment firm, today announced the sale of The Views at Harbortown in Jacksonville, FL. Chris Hughes, Principal at The Praedium Group, made the announcement.
“The Views at Harbortown is a unique, waterfront asset situated directly on the Intracoastal Waterway, an attractive amenity that is rare in the market,” said Lindsay Schuckman, Vice President at The Praedium Group. “We successfully executed our stabilization program at this one-of-a-kind property over the past four years, and we’re confident the community will continue to thrive under its new ownership.”
Built in 2015, The Views at Harbortown consists of 300 one, two, and three-bedroom homes ranging in size from 713 to 1,570 square feet. Unit interiors feature granite countertops, custom cabinets, kitchen islands, stainless steel appliances, undermount sinks, tiled flooring in bathrooms, garden-style tubs, walk-in closets, track lighting, washer/dryer in units, plank flooring, nine-foot ceilings, and crown molding.
Community amenities include a clubhouse with lounge areas and billiards room, a sundeck with Wi-Fi, two resort-style swimming pools with cabanas, a cyber lounge and business center, fitness center, WellBeats virtual training system, bike rack, picnic areas with grills, and controlled-access gated entry and exit. The property also owns three boat slips, two of which can fit up to a 40-foot boat and a smaller one which can fit up to a 19-foot boat.
ABOUT THE PRAEDIUM GROUP
The Praedium Group is a privately held real estate investment firm formed in 1991. Since inception, Praedium has completed over 380 transactions representing $12 billion in capital. Over the past 30 years, The Praedium Group has sponsored a series of ten private equity funds, as well as several separate investment vehicles. The commingled funds and separate accounts sponsored by The Praedium Group have attracted investors that include public and corporate pension funds, financial institutions, insurance companies, foundations and endowments. For more information, please visit www.praediumgroup.com.