### Jacksonville Apartment Complex Sold for $69.6 Million
A 361-unit apartment complex in South Jacksonville, **The Mirage on Kernan**, has been sold for **$69.6 million**, slightly above its previous sale price. The property, located at **3601 S. Kernan Blvd.**, was sold for **$192,847 per unit** by **Element Property Company** to **Bridge Investment Group**. Its last sale was in **May 2022 for $68 million**.
Built in **1996**, the multifamily community spans **33.9 acres** and consists of **26 three-story buildings**. It features **two-, three-, and four-bedroom apartments**, ranging from **787 to 1,320 square feet**, with **monthly rents between $1,372 and $2,373**.
### Amenities
Residents enjoy a variety of on-site amenities, including:
– **Dog park and dog wash station**
– **Outdoor kitchens**
– **Two swimming pools**
– **Pickleball and bocce ball courts**
– **Package service**
– **Fitness center**
Bridge Investment Group emphasized its hands-on approach to property management, stating:
*”We embed ourselves in our properties from the moment we acquire them, overseeing capital investment, leasing, operations, maintenance, and capital structure, as well as the enhancement of amenities and resident services.”*
This acquisition marks another strategic investment for Bridge Investment Group as it continues expanding its portfolio in the Jacksonville market.
