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1650 River Rd
Jacksonville, FL 32207 Southbank

$9,900,000 USD

Apartments For Sale  •  54,014 SF

Property Details

  • Property Type Apartments
  • Total Building Size 54,014 SF
  • Lot Size 1.87 AC
  • Building Class C
  • Year Built 1951
  • Zoning RMD-E, Jacksonville
41 Transit Score
81 Walk Score

Highlights

This fully occupied multifamily investment includes 53 units generating an impressive income of approximatley $70,000 per month.
With 26 units fully renovated and 25 units partially renovated, a new owner can achieve optimal performance with minimal added investment.
Property sits within the San Marcos neighborhood, near large medical centers, beautiful parks, and top-quality retail amenities.
Operations are supported by a 5-mile population of more than 207k, with more than 56% currently renting their homes.

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Laundry Facilities
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Maintenance on site
  • Freezer
  • Public Transportation

Public Transportation

Commuter RailDriveWalkDistance
Jacksonville (Silver Meteor - Amtrak, Silver Star - Amtrak) 15 min - 8.6 mi
Transit/SubwayDriveWalkDistance
San Marco (Skyway - Jacksonville Transit Authority Skyway (The Skyway)) 6 min 16 min 0.8 mi
Riverplace (Skyway - Jacksonville Transit Authority Skyway (The Skyway)) 3 min 19 min 1.0 mi
Kings Ave Station (Skyway - Jacksonville Transportation Authority) 3 min 20 min 1.1 mi
Kings Avenue (Skyway - Jacksonville Transit Authority Skyway (The Skyway)) 4 min 20 min 1.1 mi
AirportDriveWalkDistance
Jacksonville International 26 min - 17.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 66
Type: Surface
Included in Rent: Yes
Doug Shavel 786-763-3050 Signature Commercial Real Estate LLC
Doug Shavel 786-763-3050 Signature Commercial Real Estate LLC