Being sold as a portfolio of properties. The portfolio consists of (16) units in (5) buildings located at (3) separate locations in Jacksonville, FL. This portfolio is a turn key operation that is 100% occupied and yielding over a 9% cap rate. Rents are currently below market and could be increased to maximize cash flow. All units are separately metered, have central heat/ac, and have undergone extensive renovations. The portfolio has very low turnover and the average tenant across all (16) units has been in place for over two years. Portfolio includes 3989 Leonnie Rd, 3997 Leonnie Rd, 4021 Pearce St, 1645 Union St W, & 1651 Union St W.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
