Renaissance at Strawberry Creek apartments at 7557 Arlington Expressway sold May 30 for $23.308 million.

The Focus Group of San Diego sold the property through Jacksonville 194 LLC.

Huber Equity Group of Columbus, Ohio, bought the community through RASC Apartments LLC.

NAI Hallmark Senior Vice President John Rutherford and Vice President Luke McCann brokered the transaction. They represented both parties.

“This sale underscores the growing opportunities we’re seeing in the market for pre-1980s, value-add investments. As investors anticipate strong rent upside on the heels of shrinking supply over the next 12 months, we expect to see this asset class outperform,” Rutherford said in a June 3 release.

The property was developed in 1969 and was renovated in 2023 and 2024.

There are 14 th

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