Apartment Buildings /FL /Duval County /Jacksonville /1650 River Rd
Apartment Buildings /FL /Duval County /Jacksonville /1650 River Rd

1650 River Rd - Apartments FOR SALE


Jacksonville, FL 32207- Southbank | 
$10,900,000 USD
786-763-3050
1650 River Rd, Jacksonville, FL for Sale
$10,900,000 USD
Apartments - FOR SALE
1/14
null | 5.5% Cap Rate
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1650 River Rd
Jacksonville, FL 32207
Southbank

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HIGHLIGHTS

  • Beautiful river and downtown Jacksonville views from recently refurbished units in lovely San Marco area of Jacksonville
  • 100% Occupied with rental income in excess of $70,000 per month
  • Cash generating property

OVERVIEW

Fully occupied and stabilized 53 units located on the river in San Marco Jacksonville.

FOR SALE DETAILS

PRICE

$10,900,000 USD

PRICE/SF

$202 USD /SF

# OF UNITS

53

PRICE/UNIT

$205,660

CAP RATE

5.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

River Road Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1951

PARKING SPACES

72

LAND DETAILS

LAND ACRES

1.87 AC

LAND SF

81,501 SF

ZONING

RMD-E, Jacksonville

APN/PARCEL ID

080507-0000

ASK ABOUT THIS PROPERTY

Doug ShavelSignature Commercial Real Estate LLCMore Info
786-763-3050

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Doug ShavelSignature Commercial Real Estate LLCMore Info
786-763-3050

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