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658 Century 21 Dr
Jacksonville, FL 32216
Century Lake Townhomes · Multifamily Property For Sale
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90 Units
Property Facts
| No. Units | 90 | Lot Size | 1.00 AC |
| Property Type | Multifamily | Building Size | 126,050 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Townhome | Year Built | 2020 |
| Building Class | B | ||
| Zoning | PUD | ||
| No. Units | 90 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 1.00 AC |
| Building Size | 126,050 SF |
| No. Stories | 2 |
| Year Built | 2020 |
| Zoning | PUD |
About 658 CENTURY 21 DR , JACKSONVILLE, FL 32216
Century Lakes Townhomes is a 90 unit new construction development with 17 buildings featuring to be completed late 2019 / early 2020. Developer will be doing lease up and can continue to manage the asset for a 10% management fee with no markups for repairs. One year builders warranty included. We are looking for a buyer to make a forward commitment to put the property under contract and close once the property is stabilized. Current financials have a projected 6% cap rate at $14,500,000 purchase price.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 56 | $1,285 | 1,325 |
| 4+2 | 34 | $1,385 | 1,535 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $670,281 | |
| Land Assessment | $225,000 | Total Assessment | $895,281 |
Property Taxes
Parcel Numbers
Land Assessment
$225,000
Improvements Assessment
$670,281
Total Assessment
$895,281
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