Mesa Capital Partners, along with joint-venture partner LIV Development of Birmingham, AL, are pleased to announce the sale of Terrabella Coastal Apartments for a price of $82,500,000. Located in Jacksonville, FL, the 253-unit, Class-A apartment complex set a per-unit price record for Jacksonville (https://www.jaxdailyrecord.com/article/terrabella-apartments-set-per-unit-price-record-at-dollar326-087).
About Mesa Capital Partners
Founded in 2010, Mesa Capital Partners has owned over 50 assets in 24 markets representing over 20,000 units. The company has completed over $2.5B in total volume transactions and has strived to consistently deliver above-market, risk-adjusted returns to investors with quality ground-up multifamily development investments.