Turn Key Property Generating $425,00 NOI with Upside The multifamily asset situated at 1110 Caliente Drive, commonly known as Cambridge Park Apartments, represents a stabilized residential community within the Arlington submarket of Jacksonville, Florida. This 52-unit garden-style apartment complex is positioned on approximately 0.99 acres of land. Constructed in 1960 and having undergone significant capital improvements in 2014, the property offers significant upside with rents below market. The asset’s strategic location within the 32211 zip code places it at the center of a historical neighborhood currently undergoing a phase of urban revitalization and commercial infill development. The property is characterized by its garden-style layout, featuring open courtyards and community spaces that emphasize a private, quiet residential experience within a densely populated urban area. The structural composition utilizes masonry and stucco exterior materials, offering durability against the regional climate while maintaining a low-maintenance facade