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FCP and Springer Capital Complete $33.25 Million Acquisition of 404-Unit Water's Edge Apartment Community in Jacksonville

JACKSONVILLE, FL - FCP announces the $33.25 million acquisition of Water s Edge Apartments at 800 Broward Road in Jacksonville, FL through a joint venture with Springer Capital. The 404-unit apartment community was built in 1974 and consists of one-, two-, and three-bedroom units in a tranquil, waterfront setting. Water s Edge marks FCP s second acquisition in Jacksonville and its second partnership with Springer Capital.
FCP has closed its second Florida acquisition in two weeks, following. ....

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