Off Market = Jacksonville, FL - Turn Key 100+ Multi-Family Units - Newly Renovated - Cap Rate = 10% - Asking = 4.2M + 5%

This is a Turn Key 100+ units class C multi-family asset in Jacksonville, Florida....private seller's property has completely renovated all of the systems, the interiors, exteriors and grounds...must be all cash....excellent occupancy rate and above a 10% cap

Seller Spent Over $1,000,000 On Capital Expenses
The Net Operating Income Is $445,491
The Cap Rate Is 10.6%
This Is From A Private Seller And This Is Being Sold At A Discount Of Just $35,714 Per Door

Asking Price = 4.2M + 5% (Firm)
To Move Forward, buyer needs to execute minimal paperwork
These properties are available as at today, but cannot guarantee availability anytime after.

Posted Jun 15, 2016

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