Premium Product Offering: Heron Cove provides the best rental housing option in the Northside submarket. No other apartment community in the area offers townhome floor plans, private garages, in-unit laundry, and access to amenities.
Close to Key Logistics/Distribution Hub: Located in the Northside submarket, the Property is less than a minute from I-95 and all major employment centers including Jacksonville International Airport, JAXPORT, an Amazon distribution center, and Imeson Park, home to 11M sf of logistics and distribution space.
Strong Rental Upside: Despite having some of the largest units in the submarket, the Property has not seen any interior renovations since the original development in 2006. Coupled with proven upside by other properties in the area, this suggests upwards of $400 per unit in further rent potential.
Premier Location: The Property is located in a newly developed (2020) gated community, including a private amenity center with a pool and clubhouse. The Property is the only rental option in The Reserve at Heron Cove neighborhood with home values in the mid $300Ks.
Link to deal room:
https://naihallmark.com/properties/?propertyId=heron-cove
**Deal Room Access Reserved For Principals Only**