Multi family For sale
3,060 Sqft - 519 23RD, JACKSONVILLE, FLORIDA 32206
Four-plex with 1bd/1ba apartments. Attractive all brick exterior, professionally managed property achieving 10% CAP Rate w/ NOI approx $17,895! Cost Analysis: GROSS RENT $23,976. EXPENSES: Vacancy 8% @ $1,918. Capital expenses 8% @ 1,764. Property taxes @ $1,519. Insurance @ $1,688. Management fee 10% @ $2,397. NOI = $17,895. Great location next to a beautiful park w/ sports fields. Easy access to expressway. 1 mile from UF Health hospital. Great opportunity with stable tenant history!