1590 Masters Dr - Apartments FOR SALE


Saint Augustine, FL 32084- Greater St Augustine
$2,200,000 USD
904-537-6443
1590 Masters Dr, Saint Augustine, FL for Sale
$2,200,000 USD
Apartments - FOR SALE
1/18
null | 6.53% Cap Rate

1590 Masters Dr
Saint Augustine, FL 32084
Greater St Augustine


HIGHLIGHTS

  • LOCATED WITHIN THE CITY LIMITS OF ST. AUGUSTINE!
  • 6.53% CAP RATE!
  • ALLOWS FOR SHORT-TERM RENTALS!

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$243 USD /SF

# OF UNITS

8

PRICE/UNIT

$275,000

CAP RATE

6.53%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2006

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.83 AC

LAND SF

79,715 SF

ZONING

SA

APN/PARCEL ID

094243-1001,094243-1002,094243-1003,094243-1004

ASK ABOUT THIS PROPERTY

Eric MaimoColdwell Banker CommercialMore Info
904-537-6443

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Eric MaimoColdwell Banker CommercialMore Info
904-537-6443

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