1010 Bronson St - Apartments FOR SALE
Palatka, FL 32177 |
$1,150,000 USD
904-994-1579
1010 Bronson St
Palatka, FL 32177
HIGHLIGHTS
- Ownership has invested in key improvements, ensuring stabilized operations and reduced upfront capital expenditures for a new buyer.
- Consistently strong tenant demand and affordable rental rates provide resilient cash flow with upside potential.
- This is a unique opportunity to secure a well-positioned asset in a market poised for expansion and appreciation.
- With millions of dollars in public and private investments underway—including new parks, waterfront developments, and infrastructure upgrades.
- Ideally situated near Downtown Palatka, the property benefits from proximity to the St. Johns River waterfront, and major employment hubs.
- An exceptional opportunity exists to implement strategic renovations, modernize unit interiors, and optimize operational efficiencies.
FOR SALE DETAILS
PRICE
$1,150,000 USD
PRICE/SF
$144 USD /SF
# OF UNITS
12
PRICE/UNIT
$95,833
CAP RATE
7.65%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1987
PARKING SPACES
15
LAND DETAILS
LAND ACRES
0.17 AC
LAND SF
7,405 SF
ZONING
-
APN/PARCEL ID
42-10-27-6850-1680-0040
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904-994-1579
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904-994-1579
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