An 18-unit multifamily community in Jacksonville, FL. Defendable upside potential with a 33% increase in Effective Gross Income possible by end of Year Two through continued unit interior and common area improvements. Walking distance to Jacksonville University—A private university consistently ranked among the Best Regional Universities in the South by U.S. News & World Report. Five miles to Downtown Jacksonville’s bustling core, offering easy access to world-class restaurants, cultural attractions, nightlife and a variety of employment opportunities.