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Passco Acquires 380-Unit Jacksonville MF for $70M
Irvine, CA-based Passco Companies acquired The Point at Tamaya, a 2017-built, Class A+, 380-unit multifamily community in Jacksonville, FL, for $70 million from Waypoint Residential and Rohdie Management. The acquisition, Passco’s first in Jacksonville, brings the firm’s multifamily portfolio in the state of Florida to 10 properties totaling more than 3,000 units.
Passco’s Colin Gillis says, “The Point at Tamaya is an exceptional asset, one of only a few of its caliber in the entire Jacksonville market, which also benefits from a prime location offering convenient access to the area’s amenities and employment.”
The garden-style community at 3050 Tamaya Blvd. consists of 13 residential buildings, two of which are four-story, elevator-serviced. Features and amenities include two resort-style pools, a dog park, yoga pavilion, internet café, state-of-the-art fitness facility, and business center with attached conference room situated within an expansive resident clubhouse.
Walker & Dunlop’s Brian Moulder, along with Dhaval Patel, represented both the buyer and seller.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition

