JACKSONVILLE, FL - Atlanta, Georgia based Prominent Realty Group of Georgia, Inc. enters the Florida Multi-family market with its newest acquisition: The Registry at Windsor Parke.
The 260 unit apartment community in the Jacksonville Market is situated on prestigious Hodges Boulevard just a short distance west of Ponte Vedra Beach. These garden style apartment homes were constructed in 2000 and boast some of the largest 1, 2 and 3 bedroom floorplans available in the area. PRG has renovation plans in store that will include interior upgrades as well as improvements to the clubhouse and pool.
Rick Stetzer, Vice President, notes that this purchase is part of a 5 year strategic plan to increase the Prominent Realty Group foot print in the Southeast. With an existing presence in the Carolinas, Northern Kentucky and Georgia, Prominent Realty Group has an aggressive appetite for well located Class A and Class B communities in the Southeast and Midwest. Mr. Stetzer noted that with interest rates still at historic lows and attractive real estate pricing in the multifamily markets “we are well along in our negotiations on a number of targeted properties”. Prominent Realty Group of Georgia, Inc. was founded by multifamily veteran Doug Foppe and Rick Stetzer in April 2000.
Prominent Realty Group (PRG) is a fully integrated real estate investment and management company dealing in acquisitions, renovation and management of multi-family assets. Every asset receives direct oversight from our managing partners who provide a hands on, client-focused approach to drive profitability and grow asset value. Prominent Realty Group is committed to providing quality work, cost effective management, direct communication and integrity in every endeavor.