2804 W 1st St - Apartments FOR SALE


Jacksonville, FL 32254- Woodstock
$895,000 USD
917-209-3876
2804 W 1st St, Jacksonville, FL for Sale
$895,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

2804 W 1st St
Jacksonville, FL 32254
Woodstock


HIGHLIGHTS

  • 2804 W 1st Steet presents a 1.12-acre lot improved by 26 apartment units among multiple buildings.
  • The West Jacksonville neighborhood is just a five-minute drive to shopping and entertainment in Downtown Jacksonville.
  • An untapped, cash cow property primed for redevelopment.

OVERVIEW

2804 W 1st Street, a 1.12-acre site improved by 26 apartment units, presented as a contractor's special. The large land site has five buildings on a single lot, which are entirely vacant. The buildings comprise rock-solid concrete block construction with massive potential in a quiet, West Jacksonville neighborhood, next to Paxon. Property has been recently entirely fenced out and is totally secure. One of the front biuldings has new windows and fresh paint, so that you can get an idea of how the property can look like... With the approval of the downtown redevelopment project last year, "one of the largest-ever urban core revitalizations in the US", valued at over 2 billion dollars, there has never been a better time to invest in Jacksonville.

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$62 USD /SF

# OF UNITS

26

PRICE/UNIT

$34,423

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NEW JAX APTS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

RMD-D

APN/PARCEL ID

049521-0000

ASK ABOUT THIS PROPERTY

Isaac NaonJax 770 LLCMore Info
917-209-3876

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Isaac NaonJax 770 LLCMore Info
917-209-3876

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