• 7154-7166 Conant Ave, Jacksonville, FL, 32210

For Sale

Multi-Family

For Sale

This property is available for sale
0.81
Acres
$1,275,000
Sale Price
  • Year Built
    1963
  • Total Building Size
    16,078 RSF
  • 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.

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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 Type
    Multi-Family
  • Year Built
    1963
  • Sale Price
    $1,275,000
  • Total Building Size
    16,078RSF
  • Total Acres
    0.81
  • Cap Rate
    6.0%
  • Will build to suit
    No
  • Sewer
    No
  • Corner lot
    No
  • Last updated
    May 29, 2020
  • Property ID
    2128874

Landlord's Sales Representative

  • Jorge Suazo
    Keller Williams