JACKSONVILLE, FL - Los Angeles-based Element Property Company has acquired Kernan Oaks apartments in the Southside submarket of Jacksonville, Florida, with plans to convert the community from a 70/30 mix of traditional apartments and student housing/co-living into 100% conventional market-rate apartments. Element has implemented a similar conversion strategy at two other properties.
The 361-unit garden apartment community was built in 1997. It’s highly amenitized with two resort-style.
Of course, SunFest is the biggest event in South Florida this weekend, but if that's not your thing and you want something else to do here are four other ideas. But of course, we start with SunFest.