Jacksonville, Florida - 842 Multi-Family Units - Asking = $39M, Replacement Cost = $65M - Newly Renovated

This Portfolio Is Made Up Of Three Multi-Family Properties In Jacksonville, Florida:
Package A (290+ Units)
Package B (240+ Units)
Package C (300+ Units)

Replacement Cost Of The Portfolio Exceeds $65,000,000
The Seller Has Spent Over $4,000,000 In Upgrades And Renovations Since 2013

This Portfolio Can Be Purchased As A Portfolio Or Separately

The Approximate Cap Rate Is Over 9%

Portfolio Asking Price = $39M Plus 3%

These properties are available as at today, but cannot guarantee availability anytime after.

"DISCLAIMER: Sender is NOT a United States (nor Canadian) Securities Dealer or Broker. Sender makes no warranties or representations as to the Buyer, Seller or Transaction. All due diligence is the responsibility of the Buyer and Seller, lender or borrower. This E-mail letter and the attached related documents are never to be considered a solicitation for any purpose in any form or content. Upon receipt of these documents, the Recipient hereby acknowledges this Disclaimer. If acknowledgment is not accepted, Recipient must return any and all documents in their original receipted condition to Sender. This electronic communication is covered by the Electronic Communications Privacy Act of 1986, Codified at 18 U.S.C. ยงยง 1367, 2510-2521, 2701-2710, 3121-3126."

Posted Sep 26, 2016

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