Damien Grider - Commercial Real Estate Showcase

Damien Grider Property Listings
Damien Grider
(786) 712-6827

7703 Hare Avenue - Shoreline

Jacksonville, FL 32211 - Woodland Acres MF Submarket

Property Type:Multi-Family Number of Units:354 Status:Existing Year Built:1960
Stories:2 Building Size:194,700 SF Land Area:9.2 AC (400,726 SF)
For Sale Price:$17,595,000 Price/Unit:$49,703.39 Cap Rate:- GRM:-

Parking:1.12 Parking Spaces / 1,000 SF

Willow Lakes is located close to three lakes which makes for ample fishing grounds.

Sale Notes:
354 units, 11 +- acres, 34 buildings, pool, various floor plans, built 1970,
POSITIVE CASH FLOW and only $23K per door
RECENT $2 million rehab includes
" As part of the recent rehabilitation the entire property exterior has been washed and painted.

" Most units have recently been improved with 12 inch ceramic tile floors, new or improved cabinetry and counter tops, as well as upgraded electrical and plumbing.

" Exterior drainage, water and sewer systems have undergone extensive upgrades coordinated with neighbors and the City of Jacksonville.

Recent CITY of JACKSONVILLE IMPROVEMENTS include new streets, curbs, drainage, sewer, water, curbs, lighting.
" Excellent in- fill location, center of the market, high barriers to entry
" Close to parks, schools, public transportation
" Convenient to employment
§ð Downtown 70,000 jobs
§ð Jax Port approaching 50,000 jobs
" Near numerous shopping, entertainment and commercial centers

Damien Grider
Damien Grider
(786) 712-6827

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