246-Unit Multifamily
For Sale
Contact for pricing
Pending
1111 Woodruff Ave, Jacksonville, FL 32205
Three Jacksonville apartment communities with substantial unit renovations completed or underway across the westside submarket.
Property SizeContact for details
Days on Market143
Property Features for 1111 Woodruff Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Multifamily Units
246
Listing Agency:
JLL - Jacksonville, Florida
Listed By:
Mike Scott · License #SL3208382
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 2:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - Jacksonville, Florida
Investment Insights
Based on property information with market context.
The Urban JAX Portfolio includes three multifamily properties in Jacksonville’s westside submarket: The View on the River with 56 units, Villas on the Hill with 104 units, and Volarè with 86 units, totaling 246 units. Current ownership has renovated or begun renovating nearly 80% of the portfolio, including a portion of Villas on the Hill that received a down-to-the-studs renovation.
The properties are positioned near Downtown Jacksonville, Cecil Commerce Center, and Jacksonville Naval Air Station. RealPage reports annual effective rent growth of 3.3% in the Westside submarket since 1996 and projects average effective rent growth of 4.13% for 2024–2026, compared with 2.96% for the Jacksonville market.
The portfolio offers three established apartment communities within the same Jacksonville submarket, with ongoing physical and operational improvements documented across the assets.
The properties are positioned near Downtown Jacksonville, Cecil Commerce Center, and Jacksonville Naval Air Station. RealPage reports annual effective rent growth of 3.3% in the Westside submarket since 1996 and projects average effective rent growth of 4.13% for 2024–2026, compared with 2.96% for the Jacksonville market.
The portfolio offers three established apartment communities within the same Jacksonville submarket, with ongoing physical and operational improvements documented across the assets.
Key Highlights
- 246 total units across three Jacksonville multifamily properties
- The View on the River: 56 units; Villas on the Hill: 104 units; Volarè: 86 units
- Nearly 80% of units renovated or currently under renovation
Property Analytics
Property Profile
Current Use
Lease Details
246
Residential units
Location Intelligence
Trade Area within ½ mile
763
Businesses Nearby
Explore this area
Business Placement
Demographics for 32205, FL
29,605
Population
16,188
Households
1.8
Avg Household Size
37
Median Age
36%
College-Educated
90%
High-School Grad
7.7 sq mi
ZIP Area
3,845
Density / Sq Mi
$60,609
Median Household Income
$43,122
Median Earnings
$1,190
Median Rent
$257,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Three Jacksonville apartment communities with substantial unit renovations completed or underway across the westside submarket.
Where is this multifamily property located?
The property is located at 1111 Woodruff Ave Jacksonville, FL.
What are key features of this property?
This property features: 246 total units across three Jacksonville multifamily properties; The View on the River: 56 units; Villas on the Hill: 104 units; Volarè: 86 units; Nearly 80% of units renovated or currently under renovation
