Canopy at Belfort Park

Jacksonville, FL
About

Canopy at Belfort Park is a Class-A, 192-unit rental complex built in 2013. It is located in a bustling commercial area of Jacksonville, less than a mile from the St. John’s Town Center and associated area employers. It is situated on Belfort Road, just off J.T. Butler Boulevard, which traverses Jacksonville from west to east, linking the central business district to the beach communities.

Canopy at Belfort Park enjoys modern conveniences and extensive amenities in a park-like setting with an attractive water feature. Amenities include a pool, fitness center, bike rental, dog runs, car care center, grilling and cabana areas, and a large clubhouse.

The property was acquired in an off-market transaction to satisfy a 1031 exchange need of one Republic’s principals.

* All projects for development are expressed at original cost and do not represent fair market value.

Information
$
Project Cost
$27.1 Million*
Year Completed
Acquired 2017