Price Upon Req.7,050 SF
Auction.com presents the opportunity to own a fully-renovated, separately metered, 8-unit apartment building in the heart of Riverside. Seven 2BR units were fully renovated in 2014 with new kitchens, baths, flooring, and fixtures. The one 1BR unit was renovated in 2010. The building features a new roof (2010), new windows, newly constructed laundry room, off-street parking and completely remodeled common areas. The exceptional location allows for an easy walk to Publix, Five Points, King Street restaurants, St. Vincent's Hospital, downtown Avondale, and the river. Downtown Jacksonville is only 3 miles away thanks to convenient I-10 access. The building is 100% leased to local professionals, which leads to trouble-free ownership. Rents are below market compared to similarly renovated properties in the area.Financing AvailableFinancing has been made available for this property. Please click the link below to find out more.Get Started Here
- 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.
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.
Zoned CCG-2 which is the highest commercial zoning for any Business, Professional, Retail or Service project. Selling at just $46 per sqft. per Gross sqft of 3,909, and $52.82 per effective area of 3,406 per tax roll. 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 area, Living Rm, Large Family Room, Garage and even a bomb shelter. Will rent for approx $1,100 for residential tenant. Higher for a business or professional tenant. At $179,900, with 10% down, monthly PITI payments run approx $1,200.00 @ 4.25% interest rate, with $2,100 taxes and $1,600 for Homeowners Insurance.The 2 br and 1 br rental units bring in $1,100 so you live in main home for roughly $100. Since it's commercial you can legally put your business on site. With 1/2 acre of yard you have plenty of room for trucks and equipment plus garage and 10x10 round bomb shelter to store inventory. Main home in very good shape, recently had many upgrades (see pics). Exterior recently pressure cleaned and painted. Ideal location for River related businesses ie boat sales and rentals, jet skis, motor repairs etc
Price Upon Req.89,574 SF
Rare opportunity to redevelop a 151-unit lodging facility in a central Jacksonville location. The property was formerly operated as a hotel and apartment facility and contains a total of 151 units, consisting of 54 one-bedroom units and 97 efficiency units. Property can be redeveloped into any permissible and feasible use and owner's are willing to consider a wide variety of deal structures, including seller-financing, master lease, lease-option, and JV redevelopment with existing owners. The property is very centrally located in Jacksonville and is convenient to major thoroughfares, area hospitals, and area demand generators.
Four bedroom, 1.5 bath with a seperate 1/1 detached apartment/guest cottage
2 Story, 2BR/1.5BA Townhouse residing in kept community. 1,122 Sq Ft living space. Carpet/vinyl flooring throughout. Covered porch/patio, privacy fence. Public water/sewer. Unit may be needing repairs/updates, overall, unit in fair/good condition. Available for lease-to-own program. Ask about our cash discount.
Video- http://player.vimeo.com/video/115085567?api=1&referrer=http%3A%2F%2Fwww.3146poststreet.com%2F Numbers are in for Year End 2014. Property had a net income of over $50,000 for the year, and Q1 2015 is trending higher. This investment is a tremendous opportunity to secure a well maintained cash flowing community with a 8.3% CAP in place! 100% occupied with highly screened of tenants sponsored by HUD, VA, and religious based services with a pipeline of candidates for placement when a unit becomes available. Rents from these agencies are paid direct deposit to the Owner on the 1st of every month. No work needed to collect rents and no risk of delinquency, non-payment, rent loss, or evictions. The property was fully renovated in 2007 with new flooring, appliances, cabinets, bathrooms, painting and landscaping. New roof installed with transferrable warranty in 2012. Current lender would like to continue participation and will offer loan assumption for qualified Buyers, or originate a new loan.
$1,295,000Size Upon Req.
Excellent visibility on Main St, a high traffic, major corridor to downtown Jacksonville. Property consists of 97 total spaces and a 2900sf Warehouse with office. Inventory as follows: Tenant Owned MH-44 Park Owned MH rent+utilities-14 Park Owned MH util not incl-3 Park Owned Vacant MH-0 MH TB Repaired-9 MH TB Destroyed-3 Vacant MH Lots-16 Manager MH-2 Park Owned RV Rented-2 Park Owned Vacant RV -2 Vacant RV Lots-1 Manager RV-1 Total 97 Net income Jan-Feb 2015 $21,605.94, a trending 10% CAP for 2015. Immediate upside fulfilling current waiting list. There are 16 open lots and 12 down trailers. Additionally, there is opportunity for a significant reduction in expenses for a hands-on operator. Owner is willing to hold financing for qualified prospects with a substantial down payment.