The Cove at Atlantic Beach apartments at 2160 Mayport Road in Atlantic Beach sold Oct. 26 for almost $27.29 million.
PAC-2160 Mayport LP of Miami Beach sold the property to Puckett Properties LLC and The Cove at Atlantic Beach LLC.
They are associated with Link Real Estate Group of Columbus, Ohio.
The 204-unit apartments were developed on 15.85 acres in 1988. The per-unit sale price was $133,764.
PAC-2160 Mayport LP bought the apartments in December 2018 for almost $24.57 million from National Property REIT Corp of Park City, Utah.
The property comprises one-, two- and three-bedroom apartments ranging in size from 773 to 1,025 square feet. Monthly rents are $1,321 to $1,651, according to apartments.com.
Amenities include Wi-Fi at the pool and clubhouse, along with a 24-hour fitness center, playground, sun deck, grill and picnic area.
Apartments include Wi-Fi, a washer and dryer and a fireplace.
The community is 2½ miles from Hanna Park, providing ocean access and a 60-acre lake for fishing, kayaking and other water sports. There are also hiking and biking trails.
The taxable value is $25.6 million.