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Becovic Management Group Purchases Multifamily Community in Jacksonville for $48.5M

Lost Lake Resort Apartments was built in 2014 and offers one-, two- and three-bedroom floor plans.

JACKSONVILLE, FLA. — Becovic Management Group (BMG) has acquired Lost Lake Resort Apartments, a 280-unit community, for $48.5 million. The property was built in 2014 and offers one-, two- and three-bedroom floor plans. Community amenities include an indoor sports court, swimming pool, spa, clubhouse, fitness center, coffee bar, theater room, pet park and a car wash. HFF represented the Indiana-based buyer and the seller, Illinois-based Inland Investments.

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