Terra Park Parking Facility
Jacksonville, Florida
![](https://www.parkitenterprise.com/wp-content/uploads/2023/04/terra-location-ground.jpg)
![](https://www.parkitenterprise.com/wp-content/uploads/2023/04/terra-location.jpg)
About the Property
- Services Jacksonville Central Business District
- Bought by OP Holdings JV for US$6.4M in 2015
- Sold for US$6.8M in 2018 plus an additional sum of USD $750,000 paid monthly over the course of a year
- Achieved an IRR to Equity of 24% for the JV