Vista Brooklyn apartments sell for record-setting price
An affiliate of Bristol Development Group and Hallmark Partners has announced the sale of Vista Brooklyn, 200 Riverside Avenue.
A partner of Capital Square, listed as CS 1031 Vista Brooklyn Apartments DST, purchased the apartments for $126,300,000, the highest price ever paid for an apartment building in Jacksonville. Vista Brooklyn opened in 2021 and is a 10-story apartment community with 308 residences ranging from studio to three-bedroom floor plans and 12, 687 square feet of combined commercial and retail space.
The apartment community has a resort-style roof top pool and beer garden, fitness studio with yoga room, gaming area, grilling stations, gift wrapping room, coworking spaces, an elevated dog park with pet spa and meditation suite. It is located in the Brooklyn neighborhood adjacent to downtown Jacksonville and within walking distance to major employers, retail shops, restaurants and the St. Johns River.
“We saw the great potential of the Brooklyn neighborhood. The Brooklyn neighborhood renaissance is in the early stages, and with the continued support from the city of Jacksonville, we see even more dynamic projects on the horizon,” Alex Coley, Hallmark Partners president said.
By Karen Rieley
Resident Community News
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