821-835 Minnie St - Apartments FOR SALE


Jacksonville, FL 32204- New Town
$885,000 USD
813-404-6916
821-835 Minnie St, Jacksonville, FL for Sale
$885,000 USD
Apartments - FOR SALE
1/14
null | 8.1% Cap Rate

821-835 Minnie St
Jacksonville, FL 32204
New Town


HIGHLIGHTS

  • Separately Metered | Professional Management
  • Turnkey Investment
  • High Growth Region

OVERVIEW

BROOKLYN HEIGHTS | 8-Unit Downtown Apartment Living. All units feature (2) bedroom, (1) bath layout. Separate water & electric for ultra-efficient ownership. Professional management in place. 100% leased. Updated flooring in all units; bathroom vanities in all units; updated fridge & stove packages in all units. Cost Analysis Performed as Rental Property In: Rent - $95,580.00 Out: (Annual) Property Taxes - $7,462.00 (Annual) Estimated Insurance - $6,120.00 (Annual) Property Management (Optional) - $7,646.40 (Annual) Estimated Utilities/Lawn/Repair/Misc. -$2,700.00 Total Costs - $23,928.40 Net: $71,651.60 Earn: Total yearly net equates to - $71,651.60 Total monthly gross equates to - $7,965.00 TOTAL MONTHLY NET EQUATES TO - $5,970.97

FOR SALE DETAILS

PRICE

$885,000 USD

PRICE/SF

$157 USD /SF

# OF UNITS

8

PRICE/UNIT

$110,625

CAP RATE

8.1%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brooklyn Heights

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

14,000 SF

ZONING

-

APN/PARCEL ID

075752-0000

ASK ABOUT THIS PROPERTY

Kurt WestfieldBlue Peak RealtyMore Info
813-404-6916

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Kurt WestfieldBlue Peak RealtyMore Info
813-404-6916

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