For Sale
For Sale
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Year Built
1963
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Total Building Size
16,078 RSF
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Overview
The property is comprised of two "U" shaped buildings consisting of 24 units total. The unit mix is 5 large two bedrooms one bath, 2 small two bedroom one bath, 16 one bedroom one bath and 1 efficiency. The total rentable square feet is approximately 14,680 with an average unit size of 611 sq. ft. The structures are concrete block with gable shingle roofs. City water and sewer serves the property and electricity is provided by JEA. A muted pipeline has pushed vacancies to record lows in West Side, helping to contribute to the heightened rent growth throughout much of the cycle. Similar to the North Side Submarket, West Side is a logistics and distribution center in Jacksonville. This has produced a large sector of blue-collar workers that are employed by many of the industrial tenants on the West Side.
Property Details
Conant Apartments / 7154 - 7166 Conant Avenue, Jacksonville, FL 32210
The property is comprised of two "U" shaped buildings consisting of 24 units total. The unit mix is 5 large two bedrooms one bath, 2 small two bedroom one bath, 16 one bedroom one bath and 1 efficiency. The total rentable square feet is approximately 14,680 with an average unit size of 611 sq. ft. The structures are concrete block with gable shingle roofs. City water and sewer serves the property and electricity is provided by JEA. A muted pipeline has pushed vacancies to record lows in West Side, helping to contribute to the heightened rent growth throughout much of the cycle. Similar to the North Side Submarket, West Side is a logistics and distribution center in Jacksonville. This has produced a large sector of blue-collar workers that are employed by many of the industrial tenants on the West Side.
- Property TypeMulti-Family
- Year Built1963
- Sale Price$1,275,000
- Total Building Size16,078RSF
- Total Acres0.81
- Cap Rate6.0%
- Will build to suitNo
- SewerNo
- Corner lotNo
- Property ID2128874