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7703 Hare Ave
Jacksonville, FL 32211
Golden Shores · Multifamily Property For Sale · 366 Units

PROPERTY FACTS

No. Units 366
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 9.20 AC
Building Size 194,700 SF
Average Occupancy 82%
No. Stories 2
Year Built/Renovated 1960/2025
Parking Ratio 1.12/1,000 SF
Zoning RMD-E

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Storage Space
  • Heating
  • Kitchen
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Range
  • Wi-Fi

SITE AMENITIES

  • Laundry Facilities
  • Property Manager on Site
  • Wi-Fi
  • Lake Access
  • Online Services

ABOUT 7703 HARE AVE , JACKSONVILLE, FL 32211

Value Add Opportunity! Turn-key Investment! Minutes away from the beautiful ocean. Seller recently added $3MM value in improvements to this 357 unit garden style multifamily complex on 13.93 acres. The occupancy level has been raised to 88%. The new ownership would simply need to lease up the remaining units and bring units up to market rent as current leases expire. This one- and two-story apartment community features a wonderful variety of amenities including a sparkling swimming pool, four lakes, and fitness center. The property is located just west of the 1.4 million square foot Regency Square Mall. It is also five miles east of Downtown Jacksonville and the Mega Jaxport, which will add 50,000 jobs by 2018. The beautiful Jacksonville beaches are located only 20 minutes to the east. The 300-acre upscale Kendall Town Center is being developed just east of Willow Lakes and will consist of more high-end shopping, hotels, offices and housing. This area continues to thrive with continuous retail growth and is central to Jacksonville' s major employment hubs, shopping and recreation. Located in Jacksonville, FL in an area with extremely high demand for low to mid-priced rental units.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 143626-0000
  • 143633-0000
  • 143639-0000
Land Assessment
$1,691,766
Improvements Assessment
$13,238,534
Total Assessment
$14,930,300
  • Listing ID: 4853558

  • Date on Market: 11/9/2016

  • Last Updated:

  • Address: 7703 Hare Ave, Jacksonville, FL 32211

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