Cimarron Apartments

Property info

Multifamily

Multifamily
  • 830 Arlington River Dr, Jacksonville, FL
  • Units: 88
  • Construction Year: 1966
  • Purchase Price: $ 3,221,239.00
  • Purchase Date: Jan 2018
  • Sale Date: Jan 2019
$ 4,300,000.00Sale Price
$600,000.00Operation Costs
$478,761.00Profit
73%IRR
$645.00Rent Average

Scope of Work

Completion of value add cosmetic renovations and management adjustments to increase rents.