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5201 Wesconnett Blvd
Jacksonville, FL 32210
Windsor Arms Apartments · Multifamily Property For Sale · 47 Units

INVESTMENT HIGHLIGHTS

  • ** Offers Due Friday, 11/17/23**
  • Immediate rental upside potential (25% per unit per month), and the ability to increase NOI by 50%+ within two years of ownership
  • Convenient Westside Jacksonville location, offering proximity to the city’s major employment centers such as Downtown Jacksonville, Naval Air Station
  • Favorable unit mix for continued rent growth with 98% 2BR/1.5BA units
  • On-site amenities including swimming pool, shaded courtyard with multiple seating and gathering areas, laundry facilities, office
  • High growth submarket, projecting 4.53% average annual effective rent growth for 2024-2027, outpacing the market average of 3.45% (per RealPage)

PROPERTY FACTS

No. Units 47
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.62 AC
Building Size 42,727 SF
Average Occupancy 94%
No. Stories 2
Year Built 1966
Parking Ratio 1.99/1,000 SF
Zoning CRO - 0300 - Multi-Family Units 10 or More

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Patio

SITE AMENITIES

  • Laundry Facilities
  • Picnic Area
  • Pool

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 1 $700.00 637
2+1.5 46 $1,250 915

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 095509-0100
  • 095509-0000
Land Assessment
$1,423,373
Improvements Assessment
$2,694,227
Total Assessment
$4,117,600
  • Listing ID: 29996174

  • Date on Market: 11/8/2023

  • Last Updated:

  • Address: 5201 Wesconnett Blvd, Jacksonville, FL 32210

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