4432 FRIDEN Drive

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4432 FRIDEN Drive

Jacksonville, FL 32209
Asking Price
$60K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building available for sale in Jacksonville
  • Total building footprint comprises two individual residential units
  • Current asking price for this investment asset is $60,000
  • Conveniently situated within the 32209 ZIP code area
  • Property is located at the address 4432 Friden Drive

What's Special

Priced at $60,000, this multifamily apartment building located at 4432 Friden Drive offers an entry-level investment in the Jacksonville, Florida market. The property consists of two distinct residential units, providing a straightforward addition to an existing portfolio or a manageable starting point for an investor. Jacksonville continues to serve as a significant logistics and financial services hub in the Southeast, supported by its proximity to major interstate corridors and a growing regional population. The site at 30.3888, -81.7169 is situated in the 32209 ZIP code, an area that provides access to the broader urban infrastructure of the city. This apartment building is well-suited for investors focused on multi-family residential assets in Florida. With two units, the property allows for a clear rental management strategy in a region characterized by consistent demand for workforce housing. Its compact size and functional layout make it a practical selection for those looking to acquire income-producing real estate within the local submarket.

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NOI
$80,000
Cap Rate
133.33%
DSCR
22.46
Strong
Cash-on-Cash
424.65%
Monthly Payment
$296.847
Annual Cash Flow
$76,437.833

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