3585-3597 Drexel Street

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3585-3597 Drexel Street

Jacksonville, FL 32207
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • The asset consists of a four-unit multifamily apartment building
  • Located in Jacksonville, Florida within the 32207 zip code
  • The property is currently available for purchase by investors
  • Jacksonville features a strong economy with diverse industry sectors
  • This building offers a manageable size for residential portfolios

What's Special

Jacksonville maintains a robust economic climate supported by a diverse base of logistics, healthcare, and financial services employers. Within this growing market, the multifamily asset located at 3585-3597 Drexel Street presents a stable investment in a residential submarket of the city. This apartment building contains 4 units, providing a manageable scale for investors looking to expand their residential holdings in the Florida region. Given the consistent demand for rental housing across the greater Jacksonville area, this property is well-positioned for long-term hold strategies or value-add potential. The layout and unit count serve as an entry point for those seeking residential rental assets in a major metropolitan center. Prospective buyers and brokers will find this property aligns with standard portfolios focused on urban infill multifamily assets that benefit from proximity to local infrastructure and regional employment hubs.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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