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4813 Moncrief Rd
Jacksonville, FL 32209

Cypress Landing Apartments · Multifamily Property For Sale · 136 Units

PROPERTY FACTS

No. Units 136
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 4.41 AC
Building Size 136,000 SF
No. Stories 2
Year Built 1967
Parking Ratio 1.18/1,000 SF

Unit Amenities

  • Air Conditioning
  • Storage Space
  • Heating
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Carpet

Site Amenities

  • Controlled Access
  • Laundry Facilities
  • Property Manager on Site
  • Smoke Free
  • Walking/Biking Trails

About 4813 Moncrief Rd , Jacksonville, FL 32209

Cypress Landing offers a new investor a turn-key asset with immediate upside potential that is minutes from Downtown Jacksonville. The current owner has recently infused over $1M in capital improvements which include all new roofs, updated interiors, and new split A/C units. The property has recently been stabilized and the current rents are towards the bottom of the market. A new owner will have the opportunity to immediately improve rents, operations and unlock the full potential of this asset. Residents are 100% responsible for all utilities including water and sewer as they are individually metered by the City of Jacksonville. Major economic drivers in the area include the UF Health Hospital (1.9 miles), Florida State College at Jacksonville Downtown Campus (3.9 miles), CSX Transportation (5.8 miles), and the Jacksonville Jaguars (5.0 miles). In addition, Jacksonville is home to three Amazon Fulfillment Centers with a fourth pending approval.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 40 - 710
3+1 96 - 800

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
030056-0000
Land Assessment
$990,000
Improvements Assessment
$8,246,000
Total Assessment
$9,236,000

zoning

Zoning Code PUD
PUD
  • Listing ID: 14154892

  • Date on Market: 10/22/2018

  • Last Updated:

  • Address: 4813 Moncrief Rd, Jacksonville, FL 32209

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