7631 Indian Lakes Dr - Apartments FOR SALE


Jacksonville, FL 32210- Jacksonville Heights
$500,000 USD
904-252-2823
7631 Indian Lakes Dr, Jacksonville, FL for Sale
$500,000 USD
Apartments - FOR SALE
1/8
null | 6.79% Cap Rate

7631 Indian Lakes Dr
Jacksonville, FL 32210
Jacksonville Heights


HIGHLIGHTS

  • Turn-key asset with recent upgrades including a 2026 HVAC in Unit #1 and new 2026 water heater in Unit 4.
  • Value-add opportunity with below market rents and all 4 units still in "classic condition"
  • 100% occupancy
  • Highly desirable unit mix of large 926 sf 2-bedroom and 2-bath units
  • Separate meters for utilities
  • Walkable to shopping including a Publix shopping center, Walmart and many other retailers.

OVERVIEW

Colliers Multifamily Florida Team is pleased to present Indian Lakes in Jacksonville, Florida. This 4-unit property is located with Jacksonville’s high demand submarket off 103rd Street on the west side of Jacksonville. The property is 100% occupied and features a highly desirable unit mix of all large 2-bedroom and 2-bath units totaling 926 square feet each. The property is convenient to many retail and shopping destinations like Publix and Walmart and is proximate to demand drivers such as an Amazon Distribution Center, Cecil Air Field, Naval Air Station Jacksonville and booming Downtown Jacksonville with an approximately 8 billion dollar pipeline of mixed-use development.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$135 USD /SF

# OF UNITS

4

PRICE/UNIT

$125,000

CAP RATE

6.79%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7631 Indian Lakes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

12,865 SF

ZONING

RMD-D

APN/PARCEL ID

014273-4135

ASK ABOUT THIS PROPERTY

Bennett HarrellColliersMore Info
904-252-2823

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Bennett HarrellColliersMore Info
904-252-2823

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