1357 Kingsley Ave - Apartments FOR SALE


Orange Park, FL 32073
$2,250,000 USD
904-759-4873
1357 Kingsley Ave, Orange Park, FL for Sale
$2,250,000 USD
Apartments - FOR SALE
1/18
null | 5.92% Cap Rate

1357 Kingsley Ave
Orange Park, FL 32073


OVERVIEW

JPAR City & Beach and Sunset Capital Commercial proudly present Kingswood Apartment Homes, a 12-unit multifamily property located in Orange Park, a submarket of Jacksonville, in beautiful Northeast Florida. This recently renovated and well-maintained complex features three brick and wood quadplexes situated on 1.64 acres, built in 1984. Located on Kingsley Avenue between Park Street and Blanding Boulevard, the property offers convenient access to major interstates, HCA Florida Orange Park Hospital, NAS Jax, and the heart of Orange Park, making it ideal for residents who want to ''Live Here, Work Here.'' Recent interior and exterior renovations have enhanced all units, providing tenants with an above-average living experience. With a 25% market rent gap, strong demand, and significant value-add potential (such as short-term rentals, amenities, upgrades, and site development), this property presents an excellent investment opportunity with immediate income potential.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$169 USD /SF

# OF UNITS

12

PRICE/UNIT

$187,500

CAP RATE

5.92%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kingswood Apartment Homes

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.64 AC

LAND SF

71,438 SF

ZONING

RG-1

APN/PARCEL ID

41-04-26-020249-001-00

ASK ABOUT THIS PROPERTY

Benjamin ReichenbachJPAR City and BeachMore Info
904-759-4873

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Benjamin ReichenbachJPAR City and BeachMore Info
904-759-4873

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.