Log In/Sign Up
Your email has been sent.
Indian Lakes and Ricker Rd Investments 7619 Indian Lakes Dr and 5126 Ricker Rd 8 Unit Apartment Building $1,050,000 ($131,250/Unit) 8.01% Cap Rate Jacksonville, FL 32210
Executive Summary
Acquire two stabilized quadplexes totaling 8 units at 7619 Indian Lakes Dr and 5126 Ricker Rd, positioned in Jacksonville’s established Westside rental corridor. 100% occupied, delivering immediate income with upside potential.
Located roughly 10–12 miles from Amazon and Wayfair fulfillment and distribution centers within the Cecil Commerce logistics hub, and minutes from Cecil Field. The area also benefits from proximity to NAS Jacksonville, providing consistent tenant demand from military and civilian personnel.
The properties offer convenient access to major highways and are approximately 15 minutes from Downtown Jacksonville. An ideal opportunity for investors seeking stable cash flow in a market driven by national employers and long-term economic growth.
Located roughly 10–12 miles from Amazon and Wayfair fulfillment and distribution centers within the Cecil Commerce logistics hub, and minutes from Cecil Field. The area also benefits from proximity to NAS Jacksonville, providing consistent tenant demand from military and civilian personnel.
The properties offer convenient access to major highways and are approximately 15 minutes from Downtown Jacksonville. An ideal opportunity for investors seeking stable cash flow in a market driven by national employers and long-term economic growth.
Property Facts
| Price | $1,050,000 | Building Class | C |
| Price Per Unit | $131,250 | Lot Size | 0.56 AC |
| Sale Type | Investment | Building Size | 7,904 SF |
| Cap Rate | 8.01% | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1984 |
| Property Subtype | Apartment | ||
| Zoning | RMD-D - RMD-D zoning stands for Residential Medium Density – Duplex/Multifamily and is intended to accommodate medium-density residential development. | ||
| Price | $1,050,000 |
| Price Per Unit | $131,250 |
| Sale Type | Investment |
| Cap Rate | 8.01% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.56 AC |
| Building Size | 7,904 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1984 |
| Zoning | RMD-D - RMD-D zoning stands for Residential Medium Density – Duplex/Multifamily and is intended to accommodate medium-density residential development. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 8 | $1,175 | 926 |
1 1
Property Taxes
| Parcel Number | 014273-4120 | Improvements Assessment | $274,985 |
| Land Assessment | $102,533 | Total Assessment | $377,518 |
Property Taxes
Parcel Number
014273-4120
Land Assessment
$102,533
Improvements Assessment
$274,985
Total Assessment
$377,518
1 of 24
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
