Robbins Property Associates Broadcasts Luxurious Class A Multifamily Acquisition in Jacksonville, Florida


Robbins Property Associates (“RPA”), a Tampa-based vertically built-in multifamily proprietor and operator, has acquired the SoBA Luxurious Flats, one in every of Jacksonville’s latest downtown residential developments. Robbins Property Associates acquired the property from Atlanta-based Catalyst Improvement Companions.

The four-story boutique residential neighborhood is positioned on the Southbank within the quickly increasing downtown submarket of Jacksonville (city core). The property’s downtown location gives residents a luxurious metropolis way of life in a walkable neighborhood. Situated inside strolling distance from San Marco Sq., SoBA is positioned close to extremely fascinating eating, buying, and leisure. The central downtown location additionally provides direct entry to Jacksonville’s best medical establishments, thriving artwork scene, and bustling Central Enterprise District.

“We started refocusing on Jacksonville as a goal market in early 2020 and are excited to re-establish a presence within the metropolis. The timing was superb as Jacksonville rapidly tightened each when it comes to occupancy and lease progress rising from the pandemic, and we plan to proceed our growth out there,” mentioned Neal Herman, Managing Director of Investments at RPA.

The 147-unit challenge was accomplished in 2020 and gives one-, two-, and three-bedroom house houses with open-concept flooring plans. The items function subtle finishes that embody connoisseur kitchens with granite counter tops and stainless-steel home equipment, walk-in closets, and patios with attractive metropolis views.

Residents take pleasure in a luxury-grade amenity package deal consisting of a shocking resort-style pool with in-water lounge chairs, a state-of-the-art 24-hour health membership, and an outside yoga backyard. Further out of doors facilities embody an open-air sport lounge, a summer time kitchen with fuel grill stations and community-style eating, and an outside lounge adorned with market lights and a fuel hearth pit. As a pet-friendly neighborhood, SoBA gives an indoor self-service grooming spa for four-legged residents.

The neighborhood additionally showcases a grand clubroom with a Starbucks beverage café, sport room, and enterprise lounge. SoBA’s enterprise lounge and co-working areas change into a hub of creativity whereas selling snug nooks and a personal assembly room to maximise productiveness.

“SoBA’s residents will actually respect the walkability to each San Marco and downtown Jacksonville’s riverfront,” mentioned Kristi King, COO at RPA. “SoBA gives a boutique-style neighborhood with high-end inside end and facilities in direct proximity to healthcare jobs and a longtime retail and restaurant hub.”  

ABOUT ROBBINS PROPERTY ASSOCIATES

Robbins Property Associates (RPA) is a vertically built-in actual property non-public fairness agency that mixes skilled and confirmed funding functionality with a best-in-class workforce of actual property operations professionals. Based in 2009 with the target to supply superior resident service, it has change into a pacesetter within the multi-family housing funding and administration business. The corporate at the moment owns and operates 22 properties totaling over 5,700 items in Florida.

Headquartered in Tampa, FL, and Boston, MA, Robbins Property Associates maintains the identical willpower in the direction of excellence in worker satisfaction. They’ve been named a High 100 Workplaces employer by the Tampa Bay Occasions seven instances since 2013. The mixed years of property administration expertise collected by their onsite and company employees present RPA with its aggressive edge, and it’s why RPA is a pacesetter within the property administration business. For extra details about Robbins Property Associates, go to http://www.RobbinsPropertyLLC.com.

Robbins Property Associates contact:

Greer Hill, Director of Advertising
Robbins Property Associates
4890 W. Kennedy Blvd., Suite 270
Tampa, FL 33609
Tel: 941-224-3768
GHill@robbinsre.com

Supply: Robbins Property Associates