5844-5860 Justina Ct
Jacksonville, FL 32277
Under Contract · Multifamily Property For Sale
·
16 Units
Property Facts
| No. Units | 16 | Lot Size | 0.44 AC |
| Property Type | Multifamily | Building Size | 9,248 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | ||
| Zoning | CRO | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 9,248 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Zoning | CRO |
About 5844-5860 JUSTINA CT , JACKSONVILLE, FL 32277
High Occupancy. Turnkey operation. University Apartments features sixteen (16) 1 Bed, 1 Bath apartment units with separate electric meters. Located in the established area of Arlington near the Jacksonville University, St Johns River, and just off of University Blvd. Cost Analysis Performed as Rental Property In: Rent - $96,312.00 Out: (Annual) Actual Taxes - $4,771.00 (Annual) Estimated Insurance - $3,877.00 (Annual) Property Management (Optional) -$7,704.96 (Annual) Estimated Utilities/Lawn/HOA -$6,408.00 Total Costs - $22,760.96 Net:$73,551.04 Earn: Total yearly net equates to -$73,551.04 Total monthly gross equates to - $8,026.00 One of the country's hottest regions for investment and rental activity. Jacksonville rental properties continue to see rent growth even as parts of State slow. With an estimated 913,010 residents as of 2017, Jacksonville is the most populous city in both the state of Floridaand the southeastern United States.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | $500.00 | - |
Property Taxes
| Parcel Number | 113217-0000 | Improvements Assessment | $705,239 |
| Land Assessment | $375,061 | Total Assessment | $1,080,300 |
Property Taxes
