KODA Acquires Jacksonville Multifamily for $31M

Hollywood, FL-based real estate investment firm Koda Capital has acquired River City Landing Apartments, a 320-unit multifamily located directly across from Jacksonville University in Jacksonville, FL, for $30.9 million.

John Rutherford, Luke McCann and Andrew Tyrrell of NAI Hallmark brokered the transaction on behalf of both the Koda and seller Toro Real Estate Partners, a Jerico, NY-based real estate investment firm.

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