May

12
2021
Jacksonville

Michaelson Real Estate Group, LLC chosen to manage Kings Trail Apartments

Jacksonville, FL – May 10th, 2021

Michaelson Real Estate Group, LLC has been selected by a private equity fund to provide property management services to Kings Trail Apartments, a 320-unit multi-housing community in Jacksonville, Florida. This property enjoyed a 93% occupancy at the time.

“This is a new relationship with this particular equity partner. We are very excited to work with this group on this property,” said Michael Moses, CEO of Michaelson. “We see a lot of potential in Kings Trail and are flattered to be asked to manage and partner in it.”

Built in 1968, Kings Trail features a mix of one, two, and three bedroom apartments with an average size of 1,052 square feet. All apartments feature private patios/balconies, full appliance packages, large walk-in closets, and hardwood and carpet floors. On-site amenities include a beautiful picnic/BBQ area, laundry facilities, playground, tennis court, and sparkling pool.

Kings Trail is conveniently located just minutes away from Downtown Jacksonville and the Saint Johns River. It benefits from its prime location near Interstates 95 and 295. As a result, it has superb accessibility to Jacksonville’s major employment and entertainment opportunities. Kings Trail is just minutes away from the Florida State College of Jacksonville and the University of North Florida.

Michaelson specializes in enhancing multifamily values through marketing, management, and repositioning. Michaelson has managed more than 30,000 apartment and condominium units throughout the Southeast.

For further information please contact:

Michaelson Real Estate Group
Michael Moses, CEO

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