Jacksonville, FL 32209
8 beds | 2704 sqft
Being sold as a portfolio of properties. The portfolio consists of (16) units in (5) buildings located at (3) separate locations in Jacksonville, FL. This portfolio is a turn key operation that is 100% occupied and yielding over a 9% cap rate. Rents are currently below market and could be increased to maximize cash flow. All units are separately metered, have central heat/ac, and have undergone extensive renovations. The portfolio has very low turnover and the average tenant across all (16) units has been in place for over two years. Portfolio will not be divided. Must sell as one portfolio.
Listing Office: Watson Realty Corp
Last Updated: May - 24 - 2018
Listing data provided by the Daytona Beach Area Association of REALTORS®' Internet Data Exchange (IDX) program. Data is believed to be accurate but not warranted.
Sunday 27th of May 2018 02:16 PM