5871 COLLINS Road

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5871 COLLINS Road

Jacksonville, FL 32244
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).

  • Residential apartment building located at 5871 Collins Road in Jacksonville.
  • The property consists of five individual apartment rental units.
  • Jacksonville offers a robust regional economy with diverse industry sectors.
  • This multi-family asset provides a compact scale for specialized investors.
  • Strategic placement within the 32244 zip code ensures local connectivity.

What's Special

Jacksonville remains a key driver of growth in Northeast Florida, benefiting from a diverse economy, a deep-water port, and significant logistics infrastructure. This apartment building is positioned in the 32244 area, providing residents with proximity to major transportation arteries and suburban employment centers. The asset comprises five residential units, making it a manageable size for private investors or boutique portfolio managers looking to expand their footprint in a stable coastal market. The property structure lends itself well to long-term residential leasing strategies. Given the continued influx of new residents to the region and the demand for workforce housing, this building serves as a practical addition to an existing multi-family holding strategy or a entry point for a first-time investor seeking to leverage the upward trajectory of the Jacksonville metropolitan area. Investors may find the scale of this complex suitable for repositioning or immediate income stabilization within an established residential corridor.

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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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