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- 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.
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
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.
Three Beautiful Houses Fully Rented and Professionally managed. For Sale are Three Single Family Houses being sold as a package for only $115,000 (All Cash/ No Financing Offered). Together these three houses generate income of $25,140, being sold at only 4.5 X Gross and yield a 15% Return on Investment per year. All the houses have been significantly improved and have Great Tenants in them, all current on rents. The houses are being professionally managed which means a hassle free investment. Description of Houses: One house is located at 1338 Weare Street, Jacksonville Florida 32206. This Fully Restored Vintage House (Approximately 1100 Square Feet) is near Historic Springfield where houses are selling for $200,000 to $400,000. It has tremendous upside. It is all brick, has a blend of laminate and carpeting (both new), a new Kitchen, Newer bathrooms, laundry room ,etc. It is a real beauty! The Second house in this package is a 3 bedroom/ 2 Full Bath House at 2565 Calvin Street, Jacksonville Florida 32204, built in 1972, with approximately 1500 square feet, it has new carpets, fresh paint, two renovated bathrooms, a newer kitchen, newer A/C uni
Beautiful Brick House in an area that is greatly appreciating. Excellent Renter paying $695 per month, very dependable and with a one year lease. This house has 2 Bedrooms and 1 Full Bathroom, it has been very well renovated with new flooring, a mix of carpet and laminates, New Kitchen, Renovated Bathroom, everything is in good shape. Property is professionally manged by licensed Agent. This house is being Sold for CASH only, no financing is being offered. No showings of the house will take place without a contract and good faith deposit, property manager will speak only to serious buyers who have paid a deposit and signed a Purchase Agreement, there will be a due diligence period.
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.
LIQUIDATION: Duplex. 2 bed, 1 bath units. Vacant while pending sale. Title clear and ready to close. Includes rental guarantee. Vendors/sub-contractors available for cleanup and renovations. Zillow estimate value of $69K. Cost Analysis Performed as Rental Property In: Rent - $11,976.00 Out: (Annual) Actual Taxes - $643.00 (Annual) Estimated Insurance - $1,266.00 (Annual) Property Management (Optional) - $1,197.60 (Annual) Estimated Utilities/Lawn/Misc - $1,796.40 Total Costs - $4,903.00 Net: $7,073.00 Earn: Total yearly net equates to - $7,073.00 Total monthly gross equates to - $998.00 Estimated Repairs: $12,000.00