$150,000 Multifamily for Sale — 2116 Spires Ave, Jacksonville, FL 32209, USA

2116 Spires Ave, Jacksonville, FL 32209, USA

Summary

This is a multifamily property for sale at 2116 Spires Ave, Jacksonville, FL 32209, USA, listed at $150,000. The property has 3 units, 800 square feet, built in 1927. Financials show net operating income of $7,052, a 4.7% cap rate, gross income of $13,200 based on seller figures.

Key facts

  • Asking price: $150,000
  • Property type: Multifamily
  • Cap rate: 4.7%
  • NOI: $7,052
  • Gross income: $13,200
  • Occupancy: 33%
  • Price / unit: $50,000
  • Expense ratio: 43.8%
  • Units: 3
  • Building SF: 800
  • Lot (acres): 0.08
  • Year built: 1927
  • Zoning: RLD-60

Description

CORPORATE LIQUIDATION SALE. Seller Attorney handling sale and strict with zero day DD and contingencies. Recent inspections on file.

Photos

Multifamily at 2116 Spires Ave, Jacksonville, FL 32209, USA

Frequently asked questions

What is the asking price for this multifamily property?

The asking price is $150,000 for the property at 2116 Spires Ave, Jacksonville, FL 32209, USA.

What is the cap rate?

The cap rate is 4.7%, based on $7,052 in net operating income.

How many units does the property have?

The property has 3 units.

How do I make an offer?

You can submit an offer directly to the seller on Caproll — there are no broker commissions, and the underwriting numbers are shown up front.

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