Cambridge Park

JACKSONVILLE, FL., – June 27th, 2022 – NAI Hallmark announces the sale of The French Courtyard for
$3,730,000. The multifamily property is located at 3253 Justina Road, in Jacksonville, Florida.
Vice President Luke McCann and Senior Vice President John Rutherford brokered the transaction on behalf of
a private Buyer and Seller.

“NAI Hallmark is pleased to have represented the Seller and Buyer in the sale of The French Courtyard,”
said Vice President Luke McCann of NAI Hallmark. “The property is a premium apartment community in
the Arlington neighborhood of Jacksonville, boasting renovated units with an idyllic courtyard setting. We
look forward to seeing new ownership continue to provide a best-in-class housing option in the immediate
area.”

The multifamily asset was built in 1964 and consists of 42 one-bedroom units on 0.83 acres. The property
is located in the Arlington submarket where capital continues to flow into multifamily and commercial assets
surrounding the property. Two-story, garden-style buildings wrap around an impressive courtyard with
balconies overlooking lush landscaping consisting of palm trees and azalea bushes.

For more information regarding the sale of The French Courtyard or any questions relating to multifamily
investment assets, please contact Luke McCann at lmm@naihallmark.com.