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3273 Justina Rd, Jacksonville, FL , 32277

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Property Features

apartments, multifamily, positive cash flow,

Property Description

There is no catch to this...making money Day 1.

Courtyard at Justina- Complete Renovation/Turn Key Investment- 20 UNITS

 

95% Occupancy

CURRENT CAP: 14%

CASH ON CASH: 31%

 

2009 trending at $55,000/yr Cash Flow

 

Gutted to the studs renovation.  Easy to show, easy to rent.

 

Active or Passive investment- The management company is already in place if needed.  Little requirement for reserves and no deferred maintenance on the horizon.  A completely turn-key property. 
 

Rent Roll report and financial analysis available with NDA.

 

Price: $700,000

Property: Multi Family Property
Units: 20
Approx Sq Ft: 9,600
Price/Sqft: $73