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1330-1334 Barnett St 12 Unit Apartment Building $1,050,000 ($87,500/Unit) Jacksonville, FL 32209
INVESTMENT HIGHLIGHTS
- 12 Units | All 2BD/1BA
- Concrete Block Construction
- Central HVAC in All Units
- Renovated in 2023
- Separately Metered Utilities
- Strong Demand for Affordable Housing
EXECUTIVE SUMMARY
Barnett Street Apartments - 12 Unit Multifamily Investment.
Renovated in 2023, Barnett Street Apartments offers 12 units all 2BD/1BA across two solid concrete block buildings. Ideal for investors targeting the affordable housing sector, this property presents a value-add asset with a history of stable rental demand and low maintenance requirements.
Interior upgrades include new kitchen cabinets, countertops, appliances, range hoods, updated fixtures, vinyl plank flooring, and central HVAC in all units. Each unit is separately metered for water and electric. No common area landlord utilities. Situated on an oversized parcel with access from both Kings Road and Hart Street, the property provides excellent ingress/egress and long-term development potential. Renovations completed in 2023—minimal deferred maintenance and capex requirements for new owners.
JaxHA voucher limits for 2bd units in 32209 zip code have increased dramatically, unique affordable housing investment.
Highlights:
12 Units | All 2BD/1BA
Renovated in 2023
Concrete Block Construction
Separately Metered Utilities
Central HVAC in All Units
Oversized Lot with Dual Access Points
Strong Demand for Affordable Housing
Turnkey asset with history of steady demand and long-term upside in a growing submarket.
Renovated in 2023, Barnett Street Apartments offers 12 units all 2BD/1BA across two solid concrete block buildings. Ideal for investors targeting the affordable housing sector, this property presents a value-add asset with a history of stable rental demand and low maintenance requirements.
Interior upgrades include new kitchen cabinets, countertops, appliances, range hoods, updated fixtures, vinyl plank flooring, and central HVAC in all units. Each unit is separately metered for water and electric. No common area landlord utilities. Situated on an oversized parcel with access from both Kings Road and Hart Street, the property provides excellent ingress/egress and long-term development potential. Renovations completed in 2023—minimal deferred maintenance and capex requirements for new owners.
JaxHA voucher limits for 2bd units in 32209 zip code have increased dramatically, unique affordable housing investment.
Highlights:
12 Units | All 2BD/1BA
Renovated in 2023
Concrete Block Construction
Separately Metered Utilities
Central HVAC in All Units
Oversized Lot with Dual Access Points
Strong Demand for Affordable Housing
Turnkey asset with history of steady demand and long-term upside in a growing submarket.
DATA ROOM Click Here to Access
- Title and Insurance
- Miscellaneous
PROPERTY FACTS
| Price | $1,050,000 | Building Class | C |
| Price Per Unit | $87,500 | Lot Size | 0.37 AC |
| Sale Type | Investment | Building Size | 7,104 SF |
| No. Units | 12 | Average Occupancy | 67% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1956/2023 |
| Apartment Style | Low-Rise | Parking Ratio | 10/1,000 SF |
| Zoning | CCG-2 - General Commercial | ||
| Price | $1,050,000 |
| Price Per Unit | $87,500 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 7,104 SF |
| Average Occupancy | 67% |
| No. Stories | 2 |
| Year Built/Renovated | 1956/2023 |
| Parking Ratio | 10/1,000 SF |
| Zoning | CCG-2 - General Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Handrails
- Vinyl Flooring
SITE AMENITIES
- 24 Hour Access
- Fenced Lot
- Tenant Controlled HVAC
- Pet Play Area
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 12 | - | - |
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PROPERTY TAXES
| Parcel Number | 052901-0000 | Improvements Assessment | $375,708 |
| Land Assessment | $382,292 | Total Assessment | $758,000 |
PROPERTY TAXES
Parcel Number
052901-0000
Land Assessment
$382,292
Improvements Assessment
$375,708
Total Assessment
$758,000
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1330-1334 Barnett St
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