MELBOURNE, FL – JMG Realty Inc. has sold a 240-unit multifamily property in Melbourne, FL to an affiliate of the ConAm Group for $60 million.
The recently renovated property, Highlands Viera West, comprises a two- and three-story apartment community, located at 2185 Judge Fran Jamieson Way. The asset is situated near Florida's Space Coast, just southeast of Orlando, FL.
The property features a fitness center, a clubroom and lounge and a resort-style pool with a gazebo area. The community's one-, two- and three-bedroom units average 1,250 square feet.
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