The Cove at Atlantic Beach
THE COVE at ATLANTIC BEACH was bought on December 2018 and is a 204 -unit apartment community which was built in 1986 and is located in Jacksonville, FL.
Atlantic Beach, home to the redeveloped Atlantic Beach Country Club, is one the Jacksonville MSA’s most affluent neighborhoods and caters to an active population.
Jacksonville’s population grew by 32.8% since 2000, outpacing that of Tampa and Miami, and over two times the growth of the U.S. over the same period. Jacksonville’s resident base of 1.5 million is projected to grow by 6.9% over the next five years (Forbes projects the MSA to be the 5th fastest growing city in the country).
The Cove at Atlantic Beach, a 204-unit value-add opportunity with a prestigious Atlantic Beach address on the coast of the Jacksonville MSA. The Cove offers a desirable unit mix within a collection of coastal cottages directly on Florida’s iconic Highway A1A.