Westwood Apartments is a garden-style community constructed in 1989 located in Jacksonville, FL. The 17 residential buildings are comprised of spacious one and two-bedroom units with classic interior finishes. Interwest’s business plan is to improve the property’s revenue by bringing in-place rents in line with the market, renovating half of the interior units, increasing the efficiency of property operations, upgrading the common areas and amenity spaces, and generating a positive reputation in the market by rebranding and repositioning the asset.
ADDRESS
1171 Lane Ave S, Jacksonville, FL 32205
ACQUISITION TYPE
Multi-Family
SIZE
256 Units
STATUS
Successful Exit