Jacksonville Barkoskie

4 Unit Apartment Building | $989,900 ($247,475/Unit) | Jacksonville, FL 32258

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $989,900

Sale Condition
1031 Exchange
Property Type
Multifamily
Square Feet
4,160 SF

Listing Contacts

Bill Mazar
Verified Profile
  • Property Info

Property Overview

11454 Oakfield Court presents a unique investment opportunity with up to 8 four-plex buildings totaling 32 units in the heart of Jacksonville's Southside community. Offering a variety of building sizes and layouts, each residential unit boasts a comfortable two-bedroom, two-bathroom configuration with diverse floor plans to suit different tenant preferences.

Thoughtfully designed interiors featuring high-quality finishes encompass the properties at this new-build site. Vinyl plank flooring graces the entirety of each unit, complemented by a standard trim package that adds a touch of sophistication. The kitchen and bathrooms showcase elegant granite/quartz countertops, stainless steel appliances, and under-mount sinks, providing a modern and stylish living experience. Attractive exterior elevations with screened windows enhance the overall aesthetic, blending comfort with functionality. Meticulously designed landscaping surrounds the buildings, creating a welcoming and visually pleasing environment for residents.

This investment opportunity comes with a compelling structure, promising various financial benefits. Enjoy lower insurance costs, first-year property taxes, maintenance, turnover, and vacancy and credit loss. It's a strategic choice for investors seeking long-term value and stability.

The prime development's prominent location off Old St. Augustine Road in Jacksonville's Southside Submarket adds another layer of appeal. Residents will have convenient access to premier shopping destinations like the St. John's Town Center and The Avenues. Outdoor enthusiasts will appreciate the proximity to Losco Regional Park, Mandarin Park, and several golf courses. With direct access to Interstate 295, connecting to Downtown Jacksonville and other significant markets along Interstate 95 is a breeze. Invest in a thriving community and a promising future at 11454-11494 Oakfield Court.

Property Details

Class
B
Year Built
2024
Stories
2
Lot Size (sq. ft)
143,312 SF
Units
4

Highlights

  • Explore a unique investment opportunity in Jacksonville's Southside, offering up to 12 four-unit residences of various sizes, newly built for success.
  • 11454 Oakfield Court boasts quality unit features, including vinyl plank flooring, granite/quartz countertops, and stainless steel appliances.
  • Unique investment structure ensures lower insurance costs and first-year property taxes, with seamless maintenance and reduced turnover.
  • Southside submarket of Jacksonville provides tenants with quality local entertainment and unparalleled connectivity to Interstates 295 and 95.

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