Vestcor Communities Completes Sale of The Flats at Kernan Student Housing Community

JACKSONVILLE, LA - Vestcor is pleased to announce the sale of The Flats at Kernan to the University of North Florida. The property is located at 4850 First Coast Technology Parkway, immediately across from the UNF administrative building where students can catch a shuttle to campus.

The Flats at Kernan was developed by Vestcor Communities in 2008 and has been nearly 100% occupied since the property opened. The 480-bed community is comprised of spacious two-bedroom and three-bedroom units with a private bathroom for each resident, a washer and dryer in each unit and a fully equipped kitchen. Amenities include two swimming pools, a basketball court, internet café, business center, a state-of-the-art fitness center and an ultra modern community center.

“Due to the proximity of this site to the campus of UNF, The Flats at Kernan was developed by Vestcor as a purpose-built student housing community” said Vestcor Communities President Will Morgan. “UNF is the logical buyer of this property.”

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