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1590 Masters Dr

8 Unit Apartment Building $3,186,480 CAD ($398,310 CAD/Unit) 6.53% Cap Rate Saint Augustine, FL 32084

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Investment Highlights

LOCATED WITHIN THE CITY LIMITS OF ST. AUGUSTINE!
ALLOWS FOR SHORT-TERM RENTALS!

6.53% CAP RATE!

Executive Summary

Discover a lucrative investment opportunity in St. Augustine with this four-duplex property, now available for sale. Boasting full occupancy and a desirable location, this investment promises excellent returns. With the potential to adjust lease rates to match current market trends, investors can maximize their profits. Recently renovated to feature brand new flooring, countertops, fixtures, and more, this property offers a fresh, modern appeal. Don't miss out on the chance to capitalize on this perfect investment for multi-family property enthusiasts!

1590 Masters Dr - Brochure_sv

Property Facts

Price	$3,186,480 CAD	Building Class	B
Price Per Unit	$398,310 CAD	Lot Size	1.83 AC
Sale Type	Investment	Building Size	9,064 SF
Cap Rate	6.53%	Average Occupancy	100%
No. Units	8	No. Stories	2
Property Type	Multifamily	Year Built/Renovated	2006/2021
Property Subtype	Apartment	Parcel Numbers	Multiple 094243-1002 094243-1003 094243-1001 094243-1004
Apartment Style	Townhome

Price	$3,186,480 CAD
Price Per Unit	$398,310 CAD
Sale Type	Investment
Cap Rate	6.53%
No. Units	8
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Townhome
Building Class	B
Lot Size	1.83 AC
Building Size	9,064 SF
Average Occupancy	100%
No. Stories	2
Year Built/Renovated	2006/2021
Parcel Numbers	Multiple 094243-1002 094243-1003 094243-1001 094243-1004