Douglas Shavel

• 52 Unit Multifamily property located in Arlington neighborhood of Jacksonville 

 4 - 2 story buildings on .99 acres

• Total Square feet 37,155

• Year Built 1960

• Year Renovated 2014 plus ongoing interior renovations

• 8 studio units of 400 square feet

• 40 1 Bed/1 bath units of 650 square feet

• 4 2 Bed/1bath units of 800 square feet

• Currently 96% occupied with 50% section 8 tenants paying below Jacksonville Housing authority (32211) payment standard.

• Upside

o Rents which are below average Jacksonville market.

o Implementation of RUBS of $50-$60 per month per unit.

o Laundry of $1300-$1400 per month with addition of new machines.

• Ownership has repositioned the property with an external freshening up and renovation of units

• Well maintained property

• CRO (Commercial, residential, office) zoning.

Amenities

• On-site coin-operated laundry facilities.

• A private community courtyard and pergola area for resident gatherings.

• Off-street parking with assigned spaces in certain leasing tiers.

• Security features including on-site maintenance and online payment portals for tenant convenience.

FOR SALE LAKE WORTH TRIPLEX 5.7% CAP

30,000 sq ft CBS constructed warehouse on 2.5 acres

The offering includes two congruous parcels located at 161 NE 183rd St, Miami, FL 33179 offering a strategic location in the North Miami area with significant frontage. Parcel 1 is situated on the corner of NE 1st Court and NE 183rd St Miami currently operates as a banquet hall/entertainment venue, while Parcel 2 is currently used for parking of trucks and cars. Parcel 1 is zoned BU - 1A and Parcel 2 is zoned RU2 . .59 acres offered at $4,000,000