1035 Arco Dr | Jacksonville, FL 32211
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- LoopNet Team
1035 Arco Dr
Jacksonville, FL 32211
Arco Place Apartments · Multifamily Property For Sale
·
90 Units
INVESTMENT HIGHLIGHTS
- Deal Room Access for Principals Only: https://www.naihallmark.com/properties/?propertyId=Arco-Place-Apartments-sale
- Located in Southwest Arlington, the property is perfectly positioned adjacent to new College Park redevelopment, the Arlington Expy, & Downtown Jax.
- The property presents an outstanding opportunity to finish out a proven value-add plan and capture rental upside of nearly $300 per unit.
- Jax had the 2nd highest population migration in the US in 2021 (LinkedIn) at 14.3%, due to its diverse employment sectors and high quality of living.
PROPERTY FACTS
| No. Units | 90 | Lot Size | 1.00 AC |
| Property Type | Multifamily | Building Size | 25,500 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1965/1971 |
| Building Class | C | Parking Ratio | 1.96/1,000 SF |
| Zoning | CRO - Multi Family 10 Units Plus | ||
| No. Units | 90 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 25,500 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1965/1971 |
| Parking Ratio | 1.96/1,000 SF |
| Zoning | CRO - Multi Family 10 Units Plus |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 44 | - | 650 - 800 |
| 2+2 | 46 | - | 1,100 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,376,360 | |
| Land Assessment | $838,840 | Total Assessment | $3,215,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$838,840
Improvements Assessment
$2,376,360
Total Assessment
$3,215,200
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