FIRM BROKERS $13 MILLION APARTMENT SALE

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JACKSONVILLE, FLA. — An institutional client has sold the 200-unit Southern Pines apartment complex to an undisclosed party for $13 million. The 20-year-old property is located at 1010 Belle Rive Blvd. in Jacksonville. Steve Lear and Bart Walchle of Jacksonville Beach, Fla.-based Walchle Lear Multifamily Advisors brokered the sale.

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