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This multifamily apartment building contains four residential units and occupies a strategic position at 231 E 16th Street in Jacksonville, Florida. The property resides within the 32206 zip code, a region integrated into the broader economic landscape of the Jacksonville metropolitan area, which serves as a significant logistics and financial services hub in Northeast Florida. Given the demand for workforce housing in the city, this asset provides an option for investors seeking a stabilized residential holding in an established urban submarket. Multifamily assets of this scale are well-suited for owners looking to manage a manageable portfolio or leverage the consistent demand for rental housing near the city core. The layout supports efficient residential operations while remaining positioned to capture value from ongoing regional development and population growth.
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