38 UNIT RENTAL PORTFOLIO IN JACKSONVILLE 20 Properties Offered at $3,100,000 in Jacksonville, TX

38-Unit Value-Add Portfolio | Residential + Commercial | Strong In-Place Cash Flow with Upside
TOTAL SF: 40,556sf = $76sf!!!
40k+ monthly gross income, NOI calculated deducting property taxes + 25% of gross for opertating expenses,insurance
Offered for sale is a 38-unit mixed-use investment portfolio consisting of 15 single-family homes, 9 duplex structures (18 units), and 5 commercial units, all located within close proximity in Jacksonville. The portfolio provides immediate cash flow with significant upside through rent growth, unit upgrades, and redevelopment potential.
The residential portion is comprised primarily of 2–3 bedroom single-family homes and duplex units, many of which have received substantial capital improvements including new roofs (2022–2024), HVAC systems, electrical, plumbing, flooring, appliances, paint, and full interior remodels. Several properties sit on large or excess lots, offering the ability to add additional units or structures.
A portion of the portfolio remains under-market with long-term tenants, presenting a clear value-add opportunity through renovation and rent optimization. Multiple duplex units offer renovation or repositioning upside, and select assets are already fully remodeled and achieving strong rents.
The commercial component (5 units) includes office and retail-style spaces, currently leased or rent-ready, with opportunities for rent increases, lease restructuring, or unit splits to further enhance income. We do have the option to do the sale without the commercial portion of the deal, inquire with listing agent.
Pictures are from 2023-2024, will be getting updated pictures in the coming weeks.
NO SELLER FINANCING, NO MORBY, NO SUB2.