1805 PERRY Place

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1805 PERRY Place

Jacksonville, FL 32207
Asking Price
$595K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Four-unit apartment building located in Jacksonville
  • Priced at 595000 dollars for the asset
  • Situated in the established 32207 zip code area
  • Multifamily property positioned for residential investment growth
  • Core location within the larger Jacksonville metro market

What's Special

Jacksonville remains a key driver of North Florida economic growth, supported by a diverse employment base and consistent population expansion. This multifamily apartment building sits within the 32207 area, benefiting from proximity to regional transit arteries and the ongoing development projects defining the Jacksonville market. The property consists of four units, presenting a straightforward value-add proposition for investors looking to establish or expand a footprint in this dense urban environment. Its configuration as a small-scale multi-family asset is well-suited for a variety of investment strategies, ranging from long-term hold portfolios to residential redevelopment projects. Tenants in this submarket frequently prioritize access to local commercial services and commute efficiency, making this location a practical choice for workforce housing. Given the current demand for residential units across Duval County, this offering represents a functional asset for those seeking to capitalize on steady rental performance in a stable submarket.

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NOI
$80,000
Cap Rate
13.45%
DSCR
2.26
Strong
Cash-on-Cash
25.03%
Monthly Payment
$2,943.735
Annual Cash Flow
$44,675.176

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