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3446 Greenbrier Dr

4 Unit Apartment Building Offered at $730,434 CAD at a 7.75% Cap Rate in Jacksonville, FL 32254

Investment Highlights

  • 100% Leased & Occupied
  • Strategic Growth Locations
  • Professional Management in Place

Executive Summary

4-Units. Strong growth locations. Walking distance to Terrace Park, Riverview Park, etc. Less than 5 miles to UF Health Jax and Municipal Golf Course. Corporate Liquidation Sale. Units rented between $925 - $1,300 with room for rate increases at renewals. Favorable unit mix, bedroom count, compiled in strategic location for efficient management and market value growth. Professional management in place.
Cost Analysis Performed as Rental Property
In:
Rent - $52,500.00
Out:
(Annual) Property Taxes - $2,563.94
(Annual) Estimated Insurance - $5,127.88
(Annual) Property Management (Optional) - $3,675.00
(Annual) Estimated Utilities/Lawn/Repair/Misc. - $852.00
Total Costs - $12,218.82
Net: $40,281.18

Attachments

Rent Roll

Property Facts

Price $730,434 CAD
Price Per Unit $182,608 CAD
Sale Type Investment
Cap Rate 7.75%
No. Units 4
Property Type Multifamily
Lot Size 0.18 AC
Building Size 3,964 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1924/2022
Opportunity Zone Yes

zoning

Zoning Code RLD-60 (Residential Low Density)
RLD-60 (Residential Low Density)
  • Listing ID: 28098572

  • Date on Market: 2023-03-30

  • Last Updated:

  • Address: 3446 Greenbrier Dr, Jacksonville, FL 32254

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