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New York Investment Group Acquires The Kensley Apartments in Jacksonville

DRA Advisors Sells 300 Units for $47 Million
The apartments were built in 2004 on 19.2 acres in the Duclay submarket of Duval County, west of the Jacksonville Naval Air Station. (CoStar)
The apartments were built in 2004 on 19.2 acres in the Duclay submarket of Duval County, west of the Jacksonville Naval Air Station. (CoStar)
By Clifford Gudiel
November 17, 2020 | 7:56 P.M.

New York City-based The Collins Group purchased The Kensley apartments in Jacksonville, Florida, for $47 million, or about $157,000 per unit, from an affiliate of DRA Advisors.

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