6348 HYDE GROVE Avenue

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6348 HYDE GROVE Avenue

Jacksonville, FL 32210
Asking Price
$260K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily asset located on Hyde Grove Avenue in Jacksonville
  • Purchase price set at 259900 dollars for the property
  • Residential apartment building comprising two individual rental units
  • Situated within the established 32210 ZIP code of Florida
  • Well positioned for investors entering the Jacksonville residential market

What's Special

Priced at $259,900, this multifamily apartment building located at 6348 Hyde Grove Avenue in Jacksonville, Florida, presents a clear investment proposition within the local residential market. The property consists of two distinct units, providing a manageable scale for investors or those seeking an entry-level multi-family asset. Jacksonville continues to be a focal point for regional economic growth, supported by a diverse employment base and consistent population expansion throughout the Duval County area. Its position in the 32210 ZIP code offers accessibility to major transportation corridors and the broader amenities of the metropolitan region. The configuration of the asset allows for various rental strategies, catering to the ongoing demand for workforce and market-rate housing in the suburban submarkets of Northeast Florida. Owners and operators can leverage the building's current structure to stabilize cash flow while capitalizing on the long-term appreciation trends observed within the Jacksonville residential sector.

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NOI
$80,000
Cap Rate
30.78%
DSCR
5.18
Strong
Cash-on-Cash
82.81%
Monthly Payment
$1,285.843
Annual Cash Flow
$64,569.879

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