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7631 Indian Lakes Drive
Jacksonville, FL 32210
Asking Price
$500K
Cap Rate
6.79%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
<ul><li>Turn-key asset with recent upgrades including a 2026 HVAC in Unit #1 and new 2026 water heater in Unit 4.</li><li>Value-add opportunity with below market rents and all 4 units still in "classic condition"</li><li>100% occupancy</li><li>Highly desirable unit mix of large 926 sf 2-bedroom and 2-bath units</li><li>Separate meters for utilities</li><li>Walkable to shopping including a Publix shopping center, Walmart and many other retailers.</li><li>Proximate to major demand drivers i
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NOI
$80,000
Cap Rate
16.00%
DSCR
2.69
Strong
Cash-on-Cash
33.54%
Monthly Payment
$2,473.727
Annual Cash Flow
$50,315.274
