Florida & Gulf Coast CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Florida & Gulf Coast  + North Florida  + Apartments  | 
Sureste Property Group has acquired Kings Tree and Park Place apartment complexes in Orange Park, FL for $22.3 million.

Sureste Property Group Picks a Pair of Orange Park Multifamilies for $22M

Atlanta, GA-based Sureste Property Group has acquired two multifamily properties totaling 134 units in the Jacksonville submarket of Orange Park, FL for $22.3 million.

Cliff Taylor, Joe Ayers and Ryan Hixon with CBRE represented the seller, Grand Haven, MI-based Greyson Capital Group, in the transaction.

Built in 1971, Kings Tree Apartments is a nine-building, 64-unit property with one-, two-, and three-bedroom units averaging 945 square feet. It is located at 1800 Kingsley Avenue directly across the street from Orange Park Medical Center.

Built in 1973, Park Place Apartments is a five-building, 70-unit property with one- and two-bedroom units averaging 857 square feet. It is located at 401 Loring Avenue.

The seller completed several capital improvements, including work to the roofs, exterior painting, and upgrades to the unit interiors.

Photo: Park Place


Inside The Story


About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Sale/Acquisition
New call-to-action
New call-to-action