Volta Apartments

Brand New 337-Unit Class AAA Asset in E-Town Master Planned Community (Jacksonville, FL)

Sign the C.A.

The Opportunity

IPA is pleased to present VOLTA ("The Property"), a Brand New 337-Unit Class AAA Multifamily Asset in the E-Town Master Planned Community in Jacksonville, Florida.

Key Investment Highlights

Brand-New Luxury Garden Asset in Etown Master-Planned Community

Strategic Location with Phenomenal Accessibility & Visibility From Interstate 9B with over 72K vehicles Passing Each Day

Incredible Value | Offered Well-Below Replacement Cost

Strong On-Site Lease-up Velocity | 23 Average Monthly Move-Ins (May-July)

Surging MSA Growth | Jacksonville Has Averaged 627 Units Absorbed per Month with Southside / Southeast Duval Representing ~37% of All Units (June-present)

Institutional-Quality Asset with Top Tier Amenities & Well-Designed Unit Interiors

40K+ Jobs WIthin 5-Mile Radius

<10 minutes of 4 major area hospitals including the Baptist Health South Campus (407 beds) – The recently competed, $43MM, Brooks Rehabilitation Hospital (60 beds), and Ascension St. Vincent’s South Campus (56 beds) – UF Health at Durbin is currently under construction and expected to bring 150 beds along with 1,300+ jobs through 2025

$105,586 - Average Combined HHI On-Site, Which Is 4.5X The Average Area Market Rent at $1,954 Per Month

4.6% annual population growth within a 3-mile radius between 2010 and 2023, over double both the Jacksonville MSA and

$127,848 Average HHI Within 3-Mile Radius