2804 W 1st St - Apartments FOR SALE


Jacksonville, FL 32254- Woodstock
$995,000 USD
917-209-3876
2804 W 1st St, Jacksonville, FL for Sale
$995,000 USD
Apartments - FOR SALE
1/19
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.
  • The site offers huge potential as a contractors special, and can even be purchased with the turnkey 24-unit complex two doors down.
  • An untapped, cash cow property primed for redevelopment.

OVERVIEW

Welcome to the redevelopment project site at 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. Note: It can be bought as a package together with our turnkey 24-unit complex located two doors down for a total of $ 2.8 M. 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

$995,000 USD

PRICE/SF

$69 USD /SF

# OF UNITS

26

PRICE/UNIT

$38,269

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NEW JAX 2

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 Policy.