ALEXANDER POINTE IS THE PERFECT VALUE-ADD OPPORTUNITY
Colliers is pleased to present Alexander Pointe, a well-maintained, garden-style community located in fast-growing Jacksonville minutes from grocery-anchored retail and the city’s largest employers. Built in 1986, 227 of the property’s 232 units (98%) remain in original condition and are primed for immediate value-add upgrades. Five units were lightly upgraded with flooring and nickel hardware to generate premiums of almost $160/unit/month. New ownership can continue the successful value-add program or renovate all units to a substantially higher price point. In excellent physical condition and offering a comprehensive amenity package, Alexander Pointe allows investment capital to be concentrated on revenue-generating improvements.
- Property Type
Office
- Year Built
1986
- Total Acres
18.97
- Number of Floors
2
- Property ID
2192986
