River City Landing exterior facing lake

NAI Hallmark Brokers $30.9 Million Sale of River City Landing in Jacksonville, Florida

by Lynn Peisner

JACKSONVILLE, FLA. — Toro Real Estate Partners has sold River City Landing Apartments in Jacksonville to Koda Capital for $30.9 million. NAI Hallmark Senior Vice President John Rutherford, Vice President Luke McCann and Associate Andrew Tyrrell brokered the transaction on behalf of both the buyer and seller. The community, located in the University Park submarket of Jacksonville, was built in 1968 and consists of 320 one-, two- or three-bedroom units within nine two-story buildings. Amenities include two pools, a playground, dog park and a two-story clubhouse. The apartments overlook a 4-acre lake.

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