Osprey Circle | 3825 Osprey Cir
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Osprey Circle 3825 Osprey Cir
8 Unit Apartment Building $1,200,000 ($150,000/Unit) Saint Augustine, FL 32086
Investment Highlights
- Value-add opportunity through light interior upgrades and managerial enhancements
- Turn-key asset
- 22% upside in current rents
- Residential zoning allowing for favorable debt terms and insurance rates
- 100% occupancy
Executive Summary
Colliers is pleased to present Osprey Circle; An 8-unit apartment complex located in Saint Augustine, FL. The property is comprised of two quadplexes on separate parcels zoned residential allowing for favorable debt and insurance options. Each building is comprised of a 540 sf 1br/1ba apartment with washer and dryer hookups and separately metered utilities.
Osprey Circle is located in Saint Johns County, one of the fastest growing counties in the state of Florida. According to the U.S. Census Bureau, Saint Johns county was the fastest growing county in the state between 2020-2022, growing 12.2% in that time period and is ranked 8th nationally. The property is also conveniently located within 15 min of historic Saint Augustine, a popular tourist destination in the state and “Americas Oldest City”.
Osprey Circle is located in Saint Johns County, one of the fastest growing counties in the state of Florida. According to the U.S. Census Bureau, Saint Johns county was the fastest growing county in the state between 2020-2022, growing 12.2% in that time period and is ranked 8th nationally. The property is also conveniently located within 15 min of historic Saint Augustine, a popular tourist destination in the state and “Americas Oldest City”.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Property Facts
| Price | $1,200,000 | Apartment Style | Low Rise |
| Price Per Unit | $150,000 | Lot Size | 0.63 AC |
| Sale Type | Investment | Building Size | 4,320 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1984 |
| Price | $1,200,000 |
| Price Per Unit | $150,000 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Lot Size | 0.63 AC |
| Building Size | 4,320 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1984 |
Unit Amenities
- Air Conditioning
- Washer/Dryer Hookup
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 540 |
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PROPERTY TAXES
| Parcel Number | 136798-0550 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $220,527 |
PROPERTY TAXES
Parcel Number
136798-0550
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$220,527
zoning
| Zoning Code | RS3 |
| RS3 |
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Bennett Harrell -
Colliers
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Osprey Circle | 3825 Osprey Cir
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