$1,750,000 USD
904-994-1579
1251 Kings Rd
Jacksonville, FL 32204
Mid-Westside
HIGHLIGHTS
- Situated just minutes from Downtown Jacksonville, benefiting from major employment hubs, entertainment districts, and infrastructure improvements.
- Immediate opportunities to enhance operational efficiencies, implement strategic renovations, and increase rental income.
- Nearly $150,000 of capex has been completed on the property, focused on unit renovations and extensive exterior improvements.
- Well-maintained units with consistent occupancy, offering a blend of affordability and strong tenant retention.
FOR SALE DETAILS
PRICE
$1,750,000 USD
PRICE/SF
$139 USD /SF
# OF UNITS
29
PRICE/UNIT
$60,345
CAP RATE
7.19%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Kings Courtyard
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1961
PARKING SPACES
12
LAND DETAILS
LAND ACRES
0.28 AC
LAND SF
12,101 SF
ZONING
CCG-2
APN/PARCEL ID
053957-0010
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904-994-1579
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904-994-1579
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