Michaelson Real Estate Group, LLC and Equity Partner acquire Planter’s Walk Apartments in Jacksonville, FL

Michaelson Real Estate Group is pleased to announce the expansion of its existing portfolio to include Planter’s Walk Apartments, a 216-unit apartment community, located at 7350 Blanding Boulevard, Jacksonville, Florida. Planter’s Walk is just minutes from Baptist Medical Center, Five Points, Orange Park Medical Center, Orange Park Mall and Jacksonville Naval Air Station. It is comprised of 23 two story buildings on 14 acres of land. The property features studio, one, two, three and four bedroom floor plans with an average size of 975 square feet. It features a full amenity package including open floorplans, private balcony/patio, washer/dryer hookups, sparkling swimming pool, fully equipped fitness center, and a clubhouse. It has convenient access to Interstate 1-95 and 295. The asset was built in 1974. It underwent a multi-million dollar renovation over the last few years including a newly renovated clubhouse, repaved parking lots, stairways and exterior renovations throughout the community.
Michaelson remains focused on the Florida market and anticipates solid returns on its investments. In the past twelve months, Michaelson closed on 27 multifamily residential properties, totaling approximately 4,900 units, including the acquisition of Park at Sorrento, Charter Pointe, The District of Baldwin Park, Millenia West and The Valencian.

About Michaelson

Michaelson Real Estate Group is an entrepreneurial driven, full service apartment management and investment firm that provides a diversified range of real estate services including: property management, leasing and marketing, and investment. Michaelson specializes in enhancing multifamily values by utilizing its core marketing, management and repositioning capabilities. The principal is a seasoned real estate executive and entrepreneur that has over 30 years of experience in the multifamily market including the development, construction, property management and advisory of over 100,000 multifamily units.

For further information please contact:

Michaelson Real Estate Group
Michael Moses | mmoses@michaelsongroup.com