Tremendous Turn-Key Multifamily Investment Opportunity
Renaissance Riverside Apartments is a flagship mid-century modern multifamily asset located in the heart of Riverside, one of Jacksonville’s most desirable and supply-constrained rental markets. This fully renovated 8-unit (2BR/1BA) property offers immediate, stabilized cash flow with strong upside protection through high-quality renovations and an excellent tenant profile.
Property Overview
Units: 8 total (all 2BR / 1BA)
Year Built: 1953
Total Living Area: 7,026 SF
Stories: 2
Lot Size: 0.25 acres
Zoning / Use: Multifamily – Investment
Current Status: 100% occupied, tenant-occupied
Asking Price: $2,270,000
2160
Recent Capital Improvements & Features
Completely remodeled units
Quartz countertops
Stainless steel appliance packages
(Frigidaire Gallery refrigerator, stove, built-in microwave, dishwasher)
Oversized 42” cabinetry
Double stainless sinks with disposal
Elfa closet systems
Washer & dryer in every unit
Smart, high-end interior upgrades throughout
Newer roof (2021)
Newer AC systems
Upscale finishes attracting a strong, long-term tenant base