1721 Anniston Road, Jacksonville, FL
Strategic Holdings acquired The Commons on Anniston on December 18, 2017. At the time of acquisition, the property was 96% occupied and fully stabilized. Strategic will implement a value-add strategy that includes curing all deferred maintenance and renovating the unit interiors in order to increase rents to the current market rates. By achieving the higher market rents, Strategic believes that the increased income will translate into a substantial value increase.