University Townhouses

Property info

Multifamily

Multifamily
  • 3239 Justina Rd, Jacksonville, FL 32277
  • Units: 200
  • Construction Year: 1965
  • Purchase Price: $ 5,752,214.00
  • Purchase Date: Jan 2018
  • Sale Date: Jan 2019
$ 7,000,000.00Sale Price
$ 800,000.00Operation Costs
$ 447,786.00Profit
45%IRR
$775.00Rent Average

Scope of Work

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