JACKSONVILLE AND ORLANDO, FLA. — Carroll Organization has sold ARIUM Town Center in Jacksonville and Knightsbridge at Stoneybrook in Orlando for an undisclosed price. Carroll Multifamily Real Estate Fund III LP originally acquired ARIUM Town Center in June 2014. The 320-unit community is located within walking distance to St. Johns Town Center, a 1.5 million-square-foot outdoor shopping center. Community amenities include screened-in patios, a newly renovated swimming pool with barbecue grills, 24-hour fitness center, business center and a gated dog park. Knightsbridge at Stoneybrook in Orlando was acquired in 2015 as part of both Carroll Multifamily Real Estate Fund III LP and Carroll Multifamily Real Estate Fund IV LP. The 396-unit community features resort-style pools, a 24-hour fitness center, tennis and volleyball courts and a gated dog park. The name of the buyer was not disclosed.
ARIUM Town Center (pictured) in Jacksonville, Fla., features screened-in patios, a newly renovated swimming pool with barbecue grills, 24-hour fitness center, business center and a gated dog park.
Carroll Organization Sells Two Multifamily Communities in Jacksonville, Orlando
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