1225 LASALLE Street

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1225 LASALLE Street

Jacksonville, FL 32207
Asking Price
$1.60M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The multifamily asset contains a total of eight individual residential units.
  • This apartment building is available for purchase at $1,600,000.
  • The property is situated within the Jacksonville metropolitan area of Florida.
  • Investors can find this building located at 1225 LaSalle Street.
  • The site occupies a strategic position in the 32207 zip code.

What's Special

Priced at $1,600,000, this multifamily apartment building located at 1225 LaSalle Street in Jacksonville, Florida, presents a clear acquisition option. The property consists of eight residential units, situated within the 32207 zip code. Jacksonville continues to serve as a vital economic engine in Northeast Florida, supported by a diverse employment base and robust transportation infrastructure, including proximity to major interstates and the St. Johns River. This asset type is well-positioned for investors seeking to build or expand a residential portfolio in a growing metropolitan market. The layout and unit count provide functional density suitable for steady rental income streams. Prospective owners can leverage the property's location within a established suburban neighborhood, which maintains consistent demand from the local workforce and residents seeking convenient access to urban amenities.

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NOI
$80,000
Cap Rate
5.00%
DSCR
0.84
Underwater
Cash-on-Cash
-3.12%
Monthly Payment
$7,915.927
Annual Cash Flow
$-14,991.124

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