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Investment Details

Funding Date
08-Aug-2018
Amount Raised
$350,000
Cash on Cash Return
10.00%
Number of Investors
2
Purchase Price
$1,200,000

Investment Summary

Property Details:


Property Size: 17,640 SF
Property Type: Multi Family
Total No. Units: 30
Type: 2 Bed/ 1 Bath
Year Built: 1960 act / 1980 eff


Location Information:


The property is located in Duval County, Jacksonville, the city is growing and
companies like Amazon are expanding to this location which is a great for a rental
community. See link for more information: http://jaxusa.org/region/duval-county/
The property is also located about a mile from the Florida State College making this an
opportunity for student housing.

 

Improvements:


• Fully Renovated
• Electric Water Heater
• Gas Stoves
• New Windows and Doors
• New Roofs
• New Bathrooms
• New Kitchens
• New AC units installed in every unit
• New appliances
• New very secure automatic gate protecting property
• Pavement redone along with parking spots
• Outside of buildings all redone
• EVERY UNIT is fully renovated and brand new, including everything inside (plumbing,
electrical, appliances, tiling, walls, kitchens, bedrooms, bathrooms) and much more.

Map

Photos