Heron Cove Apartments | 9338 Scaup Way
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Heron Cove Apartments 9338 Scaup Way
16 Unit Apartment Building For Sale Jacksonville, FL 32218
Investment Highlights
- Premium Offering: Heron Cove stands out with townhome layouts, private garages, in-unit laundry, and exclusive amenities—the best in Northside.
- Rental Upside: 2006-built units offer $400+ rent growth potential with renovations.
- Prime Location: Just off I-95, near JAX Airport, JAXPORT, Amazon, and Imeson Park's 11M SF logistics hub.
- Exclusive Community: Only rental in The Reserve at Heron Cove, a gated enclave with mid-$300K homes, pool, and clubhouse.
Executive Summary
Premium Product Offering: Heron Cove provides the best rental housing option in the Northside submarket. No other apartment community in the area offers townhome floor plans, private garages, in-unit laundry, and access to amenities.
Close to Key Logistics/Distribution Hub: Located in the Northside submarket, the Property is less than a minute from I-95 and all major employment centers including Jacksonville International Airport, JAXPORT, an Amazon distribution center, and Imeson Park, home to 11M sf of logistics and distribution space.
Strong Rental Upside: Despite having some of the largest units in the submarket, the Property has not seen any interior renovations since the original development in 2006. Coupled with proven upside by other properties in the area, this suggests upwards of $400 per unit in further rent potential.
Premier Location: The Property is located in a newly developed (2020) gated community, including a private amenity center with a pool and clubhouse. The Property is the only rental option in The Reserve at Heron Cove neighborhood with home values in the mid $300Ks.
Link to deal room:
https://naihallmark.com/properties/?propertyId=heron-cove
**Deal Room Access Reserved For Principals Only**
Close to Key Logistics/Distribution Hub: Located in the Northside submarket, the Property is less than a minute from I-95 and all major employment centers including Jacksonville International Airport, JAXPORT, an Amazon distribution center, and Imeson Park, home to 11M sf of logistics and distribution space.
Strong Rental Upside: Despite having some of the largest units in the submarket, the Property has not seen any interior renovations since the original development in 2006. Coupled with proven upside by other properties in the area, this suggests upwards of $400 per unit in further rent potential.
Premier Location: The Property is located in a newly developed (2020) gated community, including a private amenity center with a pool and clubhouse. The Property is the only rental option in The Reserve at Heron Cove neighborhood with home values in the mid $300Ks.
Link to deal room:
https://naihallmark.com/properties/?propertyId=heron-cove
**Deal Room Access Reserved For Principals Only**
Property Facts
| Sale Type | Investment | Lot Size | 0.64 AC |
| No. Units | 16 | Building Size | 22,940 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 2006 |
| Building Class | C | Parking Ratio | 0.7/1,000 SF |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.64 AC |
| Building Size | 22,940 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2006 |
| Parking Ratio | 0.7/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Online Services
- Walk-Up
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 022158-0513 | Improvements Assessment | $2,073,900 |
| Land Assessment | $201,600 | Total Assessment | $2,275,500 |
PROPERTY TAXES
Parcel Number
022158-0513
Land Assessment
$201,600
Improvements Assessment
$2,073,900
Total Assessment
$2,275,500
zoning
| Zoning Code | RMD-B (Residential Medium Density) |
| RMD-B (Residential Medium Density) |
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Heron Cove Apartments | 9338 Scaup Way
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