Monterey Apartments | 1129 Arco Dr
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Monterey Apartments 1129 Arco Dr
25 Unit Apartment Building $2,450,000 ($98,000/Unit) 3.95% Cap Rate Jacksonville, FL 32211
Investment Highlights
- Less than half mile from Town & Country Shopping Center, Winn Dixie is anchor
- Two miles from Jacksonville University with population of over 4000 student enrolled
- Nationally and locally recognized restaurants near shopping center
Executive Summary
Unique design of 25 Town Homes + 3 Studios
Prime location with a gazebo in central court-yard
Prime location with a gazebo in central court-yard
Property Facts Under Contract
| Price | $2,450,000 | Building Class | C |
| Price Per Unit | $98,000 | Lot Size | 0.49 AC |
| Sale Type | Investment | Building Size | 19,081 SF |
| Cap Rate | 3.95% | Average Occupancy | 100% |
| No. Units | 25 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1961 |
| Property Subtype | Apartment | Parking Ratio | 0.59/1,000 SF |
| Apartment Style | Low Rise |
| Price | $2,450,000 |
| Price Per Unit | $98,000 |
| Sale Type | Investment |
| Cap Rate | 3.95% |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.49 AC |
| Building Size | 19,081 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 0.59/1,000 SF |
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Range
Site Amenities
- Courtyard
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 25 | - | 800 |
1 of 1
PROPERTY TAXES
| Parcel Number | 129320-0000 | Improvements Assessment | $1,668,600 |
| Land Assessment | $120,000 | Total Assessment | $1,788,600 |
PROPERTY TAXES
Parcel Number
129320-0000
Land Assessment
$120,000
Improvements Assessment
$1,668,600
Total Assessment
$1,788,600
zoning
| Zoning Code | CRO (COMMERCIAL) |
| CRO (COMMERCIAL) |
-
Amir Greenfield - A Construction LLC
Learn More About Investing in Apartment Buildings
1 of 4
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
A Construction LLC
Monterey Apartments | 1129 Arco Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.