This Multifamily Property is Off-Market.

3190 Edgewood Avenue
Jacksonville, FL 32209 ·

62 Units · Multifamily For Sale

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Hampton Villa Apartments - 62 Unit HAP Contract

Price N/A Cap Rate 10%
No. Units 62 Occupancy 100%
Building Size 49,000 SF No. Stories 2
Property Type Multifamily Year Built 1969
Property Sub-type
Garden/Low-Rise
More...
  • Government Subsidized
Lot Size 3.40 AC
Property Use Type Investment
Listing ID: 16931428 Date Created: 11/29/2010 Last Updated: 03/21/2011

Description

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

Highlights

  • 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!

Research

3190 Edgewood Avenue, Jacksonville, FL 32209 (Duval County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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