3145 Ravines Rd - Apartments FOR SALE


Middleburg, FL 32068
$2,000,000 USD
904-237-2933
3145 Ravines Rd, Middleburg, FL for Sale
$2,000,000 USD
Apartments - FOR SALE
1/21
null | 7.55% Cap Rate

3145 Ravines Rd
Middleburg, FL 32068


HIGHLIGHTS

  • Located in the desirable gated community of The Ravines
  • Total renovation in 2022
  • Stable cash flow

OVERVIEW

Investment Opportunity in The Ravines – Middleburg, FL Rare chance to own a fully renovated 11-unit multifamily property in the gated community of The Ravines. Completed in 2022, this building is 100% occupied and generating strong rental income with a mix of long-term and short-term tenants. - 8 Efficiency Units: $1,200/month each (3 currently operating as short-term rentals through iTrip: The Den at The Ravines) - 2 One-Bedroom Units: $1,500/month each - 1 Two-Bedroom Unit: $1,800/month Total of 11 doors, all modernized and income-producing. HOA dues are only $51/month per unit, keeping operating costs low. The Ravines is a private, gated neighborhood offering a peaceful, wooded setting while still being convenient to shopping, dining, and major roadways. Strong rental demand in Middleburg and Clay County makes this a prime addition to any portfolio. Whether you’re seeking stable cash flow or short-term rental upside, this turnkey property is ready for its next owner.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$202 USD /SF

# OF UNITS

11

PRICE/UNIT

$181,818

CAP RATE

7.55%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Lodge of the gated community the Ravines

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

Multi-family

APN/PARCEL ID

13-05-24-021388-178-16

ASK ABOUT THIS PROPERTY

Stanley BishopNorth Florida Realty Advisors, LLCMore Info
904-237-2933

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Stanley BishopNorth Florida Realty Advisors, LLCMore Info
904-237-2933

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