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6535 Sweetbay Ln 4 Unit Apartment Building $739,000 ($184,750/Unit) 7.97% Cap Rate Jacksonville, FL 32244
Investment Highlights
- Prominent frontage and signage opportunity along US-1 South, ensuring substantial daily visibility.
- Fully built-out space with two private offices, reception area, and private restrooms ready for immediate occupancy.
- In proximity to retail, dining, and service amenities, enhancing convenience for both customers and staff.
- Situated minutes from downtown St. Augustine and local beaches, providing easy access to major population centers and attractions.
- On-site surface parking supports accessibility for employees, clients, and visitors.
Executive Summary
Priced to sell! Add to your portfolio with this fully leased quadraplex. Newer four units constructed 2023. Perfect for investor with stable income building long terms income. This turn key opportunity has all four units leased for immediate income.(1,290,1,195,1,150,1,275 = 4,910 a month) Property Management in place for tenants. Primary suite with walk in closet and walk in shower.NO carpet, vinyl plank flooring through out. Open floor plan, washer and dryer hook up in units. 36 in cherry cabinets with large center island, granite countertops, stainless appliances. Great location close to NAS JAX, Schools and shopping.
Property Facts
| Price | $739,000 | Apartment Style | Low-Rise |
| Price Per Unit | $184,750 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 7.97% | Building Size | 4,104 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2023 |
| Property Subtype | Apartment | Parking Ratio | 2.11/1,000 SF |
| Zoning | PUD - Planned Unit Development | ||
| Price | $739,000 |
| Price Per Unit | $184,750 |
| Sale Type | Investment |
| Cap Rate | 7.97% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.19 AC |
| Building Size | 4,104 SF |
| No. Stories | 2 |
| Year Built | 2023 |
| Parking Ratio | 2.11/1,000 SF |
| Zoning | PUD - Planned Unit Development |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 4 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 014394-0145 | Improvements Assessment | $552,367 |
| Land Assessment | $125,000 | Total Assessment | $677,367 |
Property Taxes
Parcel Number
014394-0145
Land Assessment
$125,000
Improvements Assessment
$552,367
Total Assessment
$677,367
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6535 Sweetbay Ln