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Colliers International Florida’s Affordable Housing Group Brokers $5.2M Sale of Harold House Apartments in Jacksonville, Florida

By Kevin Morris

FORT LAUDERDALE (Jan. 13, 2020) – Colliers International Florida is pleased to announce that its Affordable Housing team led by Senior Director Kevin Morris and Associate Christopher Rivera recently closed on the $5.2 million multi-family apartment community, Harold House Apartments in Jacksonville, Florida.

Colliers International represented both the buyer, Southport Financial Services, and the seller Union Hill Limited Partnership, in the transaction.

Consisting of 11 buildings and located at 3650 Ring Lane in Jacksonville, Harold House Apartments features 80 apartment units ranging from two- to three- bedrooms and is situated on 90,452 square feet. Harold House Apartments features amenities including convenient on-site parking, business center and high-speed internet access.

“We are pleased to have worked with both the buyer and seller in this transaction to achieve satisfactory results as we continuously seek to provide excellence in our services and serve as a partner to our clients,” said Morris. “The recent sale of Harold House Apartments allows us to further continue to serve our clients and expand our footprint across the state.”

The Affordable Housing Group is dedicated to preserving and expanding affordable housing nationwide for families and individuals with low incomes. The Colliers International team of industry experts understands the nuances and issues within the affordable housing industry; and their in-depth knowledge and years of experience have enabled them to successfully navigate the complexities of this niche with expertise.

For more information on Colliers International, please contact Kevin Morris at [email protected] or Christopher Rivera at [email protected].

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Kevin Morris | Colliers | Fort Lauderdale

Kevin Morris

Senior Vice President

Fort Lauderdale

+1 954 652 4626
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Kevin I. Morris is the leader of Colliers Affordable Housing Group. This specialty division is active across the country brokering in the disposition and acquisition of affordable housing complexes coast to coast. Kevin brings more than 25 years of commercial real estate experience to Colliers South Florida. Collectively the group has over 60 years of experience. 

For the past fifteen years, Kevin has narrowed his  specialty, focusing on affordable housing property transactions. He has experience closing a broad range of project-based deals, including the Housing Assistance Payments (HAP Contract), Rural Development (RD 515), and Low-Income Housing Tax Credit (LIHTC) which included both General Partner interest transfers and fee simple sales. 

Building upon his foundation of knowledge and experience, the Affordable Housing Group is positioned to help clients navigate the complexities of this niche property landscape - including strategic planning issues, development and tax matters, and the intricacies of federal, state and local housing programs. 

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