Property Highlights: 

The Reserve at St. John’s River was purchased in November 2019. The 332-unit complex sits on a 26.6-acre site with 15 two- and three-story buildings, featuring the best unit floor plans in the market. The property benefits from a superior location with over 2,000 feet of frontage on the St. John’s River which provides the majority of the units with water views. Community amenities at The Reserve include two swimming pools, two lighted tennis courts, a 24-hour fitness center, a playground, two 24-hour laundry facilities, a car-care area, and dog park.

The property is located within a 10-minute drive to major employment centers, such as, Downtown Jacksonville, Jaxport, Jacksonville University, and Memorial Hospital.

Savlan Capital has completed renovations of the exterior building, including the addition of a playground, dog park, and a state-of-the-art fitness center. We continued to remodel and modernize the interior units, raising the quality of the asset under our ownership.