WORLD CLASS MULTIFAMILY BROKERAGE AND ADVISORY SERVICES

Assets For Sale

Desirable, 206-unit Complex In Strong Infill Location - Jacksonville, FL

This 206-unit apartment community is located in the burgeoning Westside submarket of Jacksonville, FL. Property consists of spacious 1, 2 and 3 bedroom units. Property amenities include 3 swimming pool, playground, clubhouse, fitness center, covered parking, laundry facility and leasing office. Originally constructed in 1971, the property has been consistently renovated, most recently in 2013. The property is 85% occupied with value add in both rent bumps and occupancy. The property received over $1,000,000 in capital expenditures since 2013. Brick construction with pitched roofs offers easy maintenance and longevity for the property. Property is within a short distance to major employment hotspots in Jacksonville, including but not limited to Jacksonville CBD, Southside/Baymeadows Tech Corridor, Jacksonville Port Authority, Jacksonville Aviation Authority and the Westside Industrial Corridor. Price: TBD

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112 Unit Multifamily With Great Curb Appeal - Jacksonville, FL

Originally constructed in 1973, this 112-unit stucco apartment community is located in Jacksonville’s burgeoning Westside submarket, and received over $500,000 in capital expenditures since 2013. The property is 95% occupied, but with upside in rents available in every unit – especially the upgraded units. The property consists of spacious 1 and 2 bedroom units, and property amenities include swimming pool, playground, laundry facility and leasing office. The stucco over concrete construction with pitched roofs offers easy maintenance and longevity for the property. This asset is conveniently nestled in the heart of westside Jacksonville, and is in close proximity to the city’s largest employer (NAS Jax) and within minutes to all other major areas of Jacksonville. Price: TBD

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Strong, Cash Flowing, 231 Unit Stabilized Multifamily Apt - Jacksonville, FL

This 231-unit apartment community is located in the desirable Arlington Submarket of Jacksonville, FL. Multiple floor plans with very spacious 1, 2 and 3 bedroom units. Property amenities include but are not limited to, oversized swimming pool, sand volleyball court, playground, laundry facility and BBQ/Picnic area. Originally constructed in 1968, but rehabbed in 2006 (and again in 2012), the property is 93% occupied with much room to increase rents. The property received over $1M in capital expenditures since 2012, and is within a 30 minute drive to major employment hotspots in Jacksonville, including but not limited to Jacksonville CBD, Southside/Baymeadows Tech Corridor, Jacksonville Port Authority, Jacksonville Aviation Authority and the Westside industrial corridor. Price: TBD

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Well Maintained, All Brick, 112 Unit Stabilized Multifamily Asset - Jacksonville, FL

This 112-unit apartment community located in an infill location in the desirable Arlington Submarket of Jacksonville, FL. Property consists of spacious 1 and 2 bedroom units. Property amenities include swimming pool, playground, laundry facility and Picnic area. Originally constructed in 1966, but rehabbed in 2012, the property is 95% occupied with upside in rent potential to reach market rents. The property received over $500,000 in capital expenditures since 2012. Brick construction with pitched roofs offers easy maintenance and longevity for the property. Property is within a 30 minute drive to major employment hotspots in Jacksonville, including but not limited to Jacksonville CBD, Southside/Baymeadows Tech Corridor, Jacksonville Port Authority, Jacksonville Aviation Authority and Westside Industrial Corridor. Price: TBD

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Cash Flowing, 328 Unit Multifamily Asset in Class B Neighborhood - Jacksonville, FL.

This cash flow cow is currently 95% occupied and literally minutes from the local Jacksonville Mercedes, BMW, Porche & Acura car dealerships. Boasting 328 individual unit apartment units, this desirable community is located in the desirable Oakwood Villas Submarket of Jacksonville, FL and has multiple floor plans with spacious 1, 2 and 3 bedroom units. Property amenities include but are not limited to, 3 swimming pools, fitness center, business center, playground, 3 laundry facilities and leasing office. Originally constructed in 1975, the property received a multimillion dollar renovation in 2012 and has great curb appeal. Due to being minutes from the 295 Jacksonville Beltway, this property is less than a 15 minute drive to major employment hotspots in Jacksonville, including but not limited to Jacksonville CBD, Southside/Baymeadows Tech corridor, Jacksonville Port Authority, Jacksonville Aviation Authority and the Westside Industrial Corridor. Price: TBD

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Beach Living: Another Great 112 Unit Complex - Atlantic Beach, FL

This attractive, 112-unit property is situated in the heart of beautiful, Atlantic Beach, FL and located just minutes from the ever growing Mayport Naval Station – an strong economically strong and stable submarket in Jacksonville, FL. The property consists of spacious 1, 2 and 3 bedroom units, and has a swimming pool, tennis court, clubhouse, fitness center, 3 laundry facilities and a leasing office. Originally constructed in 1974, the property just completed a multimillion dollar renovation program in 2014. The property is only at 71% occupied so a new owner can build equity through rental increases and occupancy. Masonry construction with pitched roof offers easy maintenance and longevity for the property, and this property is within blocks from the Atlantic Ocean and Jacksonville Beaches area.

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Great Value-Add, 48-Unit Building near Major Jacksonville University & Highway

Now Available: Solid concrete block constructed asset containing 48 units; built in 1968. The buildings were substantially rehabbed in 2012 and 2014, and the property is currently 88% occupied with tremendous upside in rents to build value. This 48-unit apartment community is located in an infill location in the desirable West Arlington submarket of Jacksonville, FL. Property consists of spacious 1 and 2 bedroom units, and received over $800,000 in capital expenditures since 2012. Major employers within a 3 mile radius of the property include Brooks Health Systems, Labor Finders, Jones College and Southeast Toyota Distributors. The site is an easy drive to major retail centers like Regency Mall, Kendell Town Center and St. John’s Town Center. The property is also very close to the Jacksonville downtown area via the renowned Mathews Bridge, and less than 20 minutes from Jacksonville Airport.

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