1330-1334 Barnett St - Apartments FOR SALE


Jacksonville, FL 32209- Mid-Westside
$1,150,000 USD
904-203-4133
1330-1334 Barnett St, Jacksonville, FL for Sale
$1,150,000 USD
Apartments - FOR SALE
1/80
null | Request Cap Rate

1330-1334 Barnett St
Jacksonville, FL 32209
Mid-Westside


HIGHLIGHTS

  • 12 Units | All 2BD/1BA
  • Renovated in 2023
  • Concrete Block Construction
  • Separately Metered Utilities
  • Central HVAC in All Units
  • Strong Demand for Affordable Housing

OVERVIEW

Barnett Street Apartments - 12 Unit Multifamily Investment. Renovated in 2023, Barnett Street Apartments offers 12 units all 2BD/1BA across two solid concrete block buildings. Ideal for investors targeting the affordable housing sector, this property presents a value-add asset with a history of stable rental demand and low maintenance requirements. Interior upgrades include new kitchen cabinets, countertops, appliances, range hoods, updated fixtures, vinyl plank flooring, and central HVAC in all units. Each unit is separately metered for water and electric. No common area landlord utilities. Situated on an oversized parcel with access from both Kings Road and Hart Street, the property provides excellent ingress/egress and long-term development potential. Renovations completed in 2023—minimal deferred maintenance and capex requirements for new owners. JaxHA voucher limits for 2bd units in 32209 zip code have increased dramatically, unique affordable housing investment. Highlights: 12 Units | All 2BD/1BA Renovated in 2023 Concrete Block Construction Separately Metered Utilities Central HVAC in All Units Oversized Lot with Dual Access Points Strong Demand for Affordable Housing Turnkey asset with history of steady demand and long-term upside in a growing submarket.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$162 USD /SF

# OF UNITS

12

PRICE/UNIT

$95,833

CAP RATE

Request Cap Rate

% LEASED

67%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1956

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

15,909 SF

ZONING

CCG-2

APN/PARCEL ID

052901-0000

ASK ABOUT THIS PROPERTY

Ian BrownYield Coach RealtyMore Info
904-203-4133

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Ian BrownYield Coach RealtyMore Info
904-203-4133

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.