Investment Opportunity in Hilliard, FL: A 18-Unit Multifamily Gem Discover a lucrative investment opportunity in the heart of Hilliard, Florida, with this impressive 18-unit multifamily building available for $1,299,900. This property boasts a remarkable yearly return on investment (ROI) of over 13% yearly, making it a standout addition to your real estate portfolio. With a prime location just off Highway 1, you’re only minutes away from the Georgia border and a quick 25-minute drive to Jacksonville, making it an ideally situated asset for both tenants and investors alike. The building features two spacious 3-car garages, offering added value and flexibility for potential use as storage units, additional apartments, or even a coin laundry facility. This property has several long term tenants who pay on time! Property also has many updates including new roof in 2017, new well pump in 2024, new flooring in 2020, new toilets and sinks in 2020, New AC units in 2022.
Basic Details
Commercial Sale
Hotel/motel
For sale
2080168
$1,299,900
0
0
0
5,724 Sqft
1952
91,911.60 Sqft
Features
: Electric, Varies By Unit
: Electric, Wall/window Unit(s), Multi Units, Window Unit(s)
: Chain Link
Address Map
Country : US
State : FL
County : Nassau
City : Hilliard
Zipcode : 32046
US-1
553597
W82° 2' 58''
N30° 44' 12.8''
492-Nassau County-W Of I-95/N To State Line
MLS Information
12-22-2023 16:07:53
Active
04-06-2025
Additional Parking,Attached,Attached Carport,Carport,Circular Driveway,Covered,Detached,Garage,Garage Door Opener,Guest,Off Street,Parking Lot,RV Access/Parking,Secured,Shared Driveway,Varies by Unit
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purchasing. Information on this site was last updated
04/07/2025 1:58:11 PM EST
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updated 04/07/2025 1:58:11 PM EST)
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