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5347-5349 Old Kings Rd
Jacksonville, FL 32254
Brothers Mobile Home Park · Multifamily Property For Sale
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19,048 SF
Investment Highlights
- The property was recently tapped into public sewer lines and all septic tanks were removed, allowing for better long-term maintenance expense.
- With most units being renovated recently, new ownership can focus their value-add plan on the exteriors and common areas to continue to push rents.
- Strong Rent Roll: With average leased rent just under $1000, and a highest achieved rent of $1200, the asset presents a strong cash flow opportunity.
- Thriving Jacksonville Economy: Jacksonville had the 2nd highest population migration in 2021 (per LinkedIn) at 14.3%.
Property Facts
| No. Units | 20 | Lot Size | 7.11 AC |
| Property Type | Multifamily | Building Size | 19,048 SF |
| Property Subtype | Manufactured Housing/Mobile Home | Average Occupancy | 100% |
| Apartment Style | Single-Family Home | No. Stories | 1 |
| Building Class | C | Year Built | 1985 |
| Zoning | RMD-MH | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 7.11 AC |
| Building Size | 19,048 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1985 |
| Zoning | RMD-MH |
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