Apartments For Sale • 31,200 SF
| The property has historically been above 95% occupancy with near-perfect collections and minimal turnover due to the desirable single story layout. |
| With pro forma expenses of $5,675 per unit, the property is offered above a 7.0% cap rate, outperforming similar North Florida assets. |
| Clay County’s strict development environment and only one planned multifamily project support long term rent growth prospects. |
| More than 70% of residents renew annually, supported by the rare single story design found in only two market rate communities locally. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Jacksonville International | 48 min | - | 31.7 mi |
| Gainesville Regional | 76 min | - | 49.4 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 75 |
| Type: | Surface |
| Included in Rent: | Yes |