Price Upon Req.35,136 SF
Property showings will be offered on Tuesday, June 9th and Tuesday, June 16th between 10:00 AM to 1:00 PM local time. Please contact the listing broker to RSVP.Auction.com and Capstone Apartment Partners proudly present an excellent opportunity to acquire, Villas at the Woodlands. Built in 1984, the 64-unit property is situated on 5.18 acres in the highly desirable Jacksonville, Florida market. Consisting of 8 one-story buildings, the community has an attractive unit mix of 12 studio units, 46 1BR/1BA units, 2 2BR/1BA units and 4 2BR/2BA units. The 1980's vintage construction is cardinal construction. The property is ideally located in Jacksonville, less than 2 miles from the Regency Square Mall and is near the Arlington Expressway; thus allowing for easy access to I-95 and I-295. Villas at the Woodlands is a mere 5 miles from Downtown Jacksonville and 11 miles from the beaches. Hilton Head Island is 2.5 hours away and Daytona Beach is an hour away, both of which are major tourist attractions in the Southeast. The Jacksonville area has a widely diversified industrial base ranging from shipping and transport facilities to a major Naval Air Station.
This 112 unit,1973 built, garden style complex w/ pool has 72, two BR/1Bth units; & 40, one 1 BR/1Bth. Both floor plans are popular due to great location, spacious closets, electric utilities & noise resistant concrete walls separating each unit. Most units have been fully renovated w/ appliances, countertops, cabinetry & wood look vinyl flooring. All buildings have attractive, stucco over concrete ext w/ pitched roofs. Current occ is 92% & current rents are below submarket avg which affords new owner opportunity to initiate rent increases & RUBS from w/ no major rehab necessary. Upgrades incl: Completely Repaved & Repainted Parking Lot; Updated Appliances; Recently Repaired Roofs; Updated Kitchens & Baths; Int/Ext painting; New Flooring. Owner must sell due to monetization commitment w/ equity partners. All written offers will receive prompt response.
Insane Investment Opportunity, Unbelievable cash profits 20,066 square feet of concrete, 3 buildings, 30 total units, $10k/door, potential for 30%+ cap rate after $199k purchase price + $300k rehab cost! HURRY THIS DEAL WILL NOT LAST!
Olde World style beauty originally constructed in 1940 and updated in 2003. Sits nestled among majestic oaks with a panoramic view of Marco Lake. Built by Victor Zambetti and designed by Wellington Cummer. Owner's suite upstairs boasts over 2,400 sq feet of living space while the two units below offer tenant income. Original wood floors and 3 car garage with on street parking as well. This tri-plex can be converted into a SFR.
Price Upon Req.5,199 SF
This stately San Marco home constructed monolithically captures the true essence of Mediteranranean estates. Constructed of concrete, this home will stand the test of time as well as provides incredible energy efficiency. Offering stunning views of the St. John's River and the city skyline. Entertaining Kitchen with Viking appliances. Wine cellar and bar next to breakfast area. Travertine stone throughout with wrought iron detail. Brick paved garden with Summer kitchen and dock to the river. Property surrounded by wrought Iron fencing. Second level porch awaits you outside the Master suite with it's own kitchen and giant master bath with two shower heads. Loft and three bedrooms upstairs with Guest suite downstairs. Elevator and central vac. SELLER REQUESTS PROOF OF FUNDS BEFORE SHOWING.
Main house: 1,263 heated sq. ft. 3 bedroom/1.5 bathroom SFR. Detached in-law suite/garage: Approx. 350 sq. ft. in-law suite with bathroom & approx. 222 sq. ft. unfinished garage.
- Well located 8 unit apartment building in the rapidly growing Murray Hill submarket - All units are 2 (BR) / 1 (BA); Currently 100% occupied - Upside potential by increasing rents over time (tenants paying below market) & new management (reduced expenses) - Conveniently located close to retail, restaurants, schools & parks in Murray Hill; quick and easy access to Riverside, Avondale, Brooklyn & Downtown submarkets Popularity of surrounding neighborhoods is driving the growth of Murray Hill
Buy FHA!! Only $6,646 Total Cash. . Owner pay up to 6% of buyers closing and prepaids (should cover completely). Total monthly pymt is $1,320 (detailed in pics by mtg broker). 1 & 2 BR units rent for $1,100. Owner lives in 3 BR home for just $211. Zoned CCG-2, highest commercial zoning for Business, Professional, or Multifamily project. Selling at just $46 per sqft. per Gross sqft of 3,909, Features 3 rental units. #1 is a 2 BR, family room, garage renting for $625. #2 is a 1BR renting at $475 (new kitchen). #3,Main home is a lovely 3BR, Dining, Living , & Large Family Rooms plus Garage and bomb shelter. Will rent for approx $1,100 residential tenant, higher for business tenant. Since it's commercial you can legally put a business. 1/2 acre yard gives plenty room for equipment and inventory. Main home in very good shape. Request list of upgrades. Exterior pressure cleaned and painted. 1&2 BR units generate $1,100/mo or $13,200 per year, Less 35% expenses. NOI is $8,580. With $6,646 invested, cash on cash return is 129% per year. 180 feet fronting Lake Shore
- Cambridge Park Apartments is conveniently located off of University Boulevard in South Arlington and is in close proximity to shopping, restaurants and entertainment venues. The property is just minutes from Downtown Jacksonville, where more than 70,000 people are employed. - The property is a pet free community that includes newly upgraded apartments, on-site clothes care center, courtyard, BBQ picnic area, and surface lot parking. - Each apartment home features new flooring, separate dining areas and large walk-in closets. All kitchens contain brand new appliance packages, built-in microwaves, resurfaced cabinets with new doors and fixtures, and resurfaced countertops. - The Cambridge Park community is being offered for sale at a purchase price of $1,995,000, which translates to a per unit cost of $38,365. Recent completion of the capital and interior improvements as well as lease-up activities translate to a projected Year 1 NOI of $152,899 Stabilized Period 2 NOI is projected at $162,233, which is representative of an 8.13% cap rate.
PRICE REDUCTION!!! SAN MARCO WITH PARKING!!! RETAIL AND MULTIFAMILY...LET'S GET STARTED BEFORE FOOTBALL SEASON! This project will break even with the current rents while the market heats up. People have to have a place to live. Don't be afraid to build or keep. This area is prime, and they don't make anymore of it. This is a 4 Commercial retail units all rented out on San Marco Blvd. close to Baptist Hospital. There is a large, very successful corner Restaurant, along with three other long term commercial tenants. PROPERTY INCLUDES NINE APARTMENTS behind the commercial building, and two large areas for parking. The apartments are one B/R and one Bath units, renting for approx. 550.00, but should be 575.00