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24 W 38th Street - 38th St Apartments, Jacksonville, FL

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24 W 38th Street - 38th St Apartments

Jacksonville, FL 32206 - Brentwood MF Submarket

Property Type:Multi-Family Number of Units:52 Status:Existing Year Built:1962
Stories:2 Building Size:43,316 SF Land Area:2.43 AC (105,851 SF)
For Sale Price:$2,250,000 Price/Unit:$43,269.23 Cap Rate:10.00 % GRM:-

Parking:1.52 Parking Spaces / 1,000 SF

Sale Notes:
The 38th Street Apartments presents an excellent opportunity to acquire cash flowing apartment investment. The property consists of 52, 2 bedroom Town Home units that are 820 SF each. It is constructed of concrete block with a stucco finish. Recent improvements include new roofs and many interior upgrades. The entire property has been totally renovated. All due diligence materials currently on file including survey, phase I, appraisal, and market study.

Ocean Pointe Realty
Avi Dori
(305) 945-3838

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