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Hampton Villa Apartments - 62 Unit HAP Contract
3190 Edgewood Avenue, Jacksonville, FL 32209
62 Units | Multifamily
Multifamily Property - Off Market
- No. Units:
- Building Size:
- 49,000 SF
- Property Type:
- Property Sub-type:
- Additional Sub-types:
- Government Subsidized
- Property Use Type:
- Cap Rate:
- No. Stories:
- Year Built:
- Lot Size:
- 3.40 AC
- Listing ID
- Last Updated
- over 1 year ago
- Historical high occupancy, currently 100%.
- Near the airport & cruise terminal
- Guaranteed Rents & Income
- 100 % Occupancy With Waiting List
- Well constructed - Solid, easy to maintain concrete block construction with stucco.
- Rare Investment Opportunity - 10% CAP!
GUARANTEED RENTS - RECESSION PROOF!
The 62 Unit Hampton Villas Apartments is a Seniors Project Based HAP property with 100% Occupancy that has been well managed and maintained.
The long term 100% stable occupancy, lengthy waiting list, low turnover, and guaranteed rent payments creates a very low risk and easy to manage investment opportunity with future upside potential due to automatic
rental rate increases each year.
The property is well built with concrete block and stucco.
Offered at a 10% CAP Rate.
For a complete package please email.
Located on the Northside of Jacksonville
Map of 3190 Edgewood Avenue, Jacksonville, FL 32209 (Duval County)
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P