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1310 WILLOW BRANCH AVE, JACKSONVILLE, FL 32205 (MLS# 883389)

1310 WILLOW BRANCH AVE JACKSONVILLE, FL 32205

PRICE: $2,300,000

   |    MLS#: 883389   |   Status: Pending
24 beds    |    24 baths    |    16534 sqft

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Property Description

FLAGSHIP PROPERTY! This is a rare opportunity to secure one of the most distinctive rental properties in Jacksonville. Consisting of 23 rented units, Amelia Apartments is one of the larger Apartment communities in the Riverside/Avondale market. Well kept with renovation and careful restoration over the years including CHA, Hardwood Flrs, updated Kit's and Ba's. Exterior painted in 2015. Duro-Last roof is under warranty. Tenant quality is impeccable w/ many long term residents. 100% occ. Upside potential- many rents are below market, and an additional smaller unit w/Ba currently used for maintenance, can be used as Unit 24, or a laundry room. TENANTS PAY ALL UTILITIES. Tranquil location on Willowbranch Park but close to all that the distinctive Riverside quality of life has to offer.



Details
Maps
None
Publish to Internet: 1  


Listing Information
Realtor.COM Type: Commercial Category: Investment Income/Apartment
Status: Pending Region: 03-RIVERSIDE/AVONDALE/ORTEGA
Area: 032-AVONDALE Price: 2300000
Real Estate Parcel #: 0780960000 Under Contract Date: 2017-06-22


Location, School & Taxes
Street Number: 1310 Street Name: WILLOW BRANCH
Street Sfx: AVE State/Province: FL
County: DUVAL Postal Code: 32205
Country: USA Legal Name of Subdiv: INGELSIDE PARK
Common Name of Sub: AVONDALE  


Property Description
Total # of units: 24 Bedrooms: 24
Bathrooms: 24 Full Baths: 24
Year Built: 1926 Historic Area: Y
Waterfront Y/N: N Navgble to Ocean Y/N: N
Approx. Heated SqFt: 16534  


Directions and Remarks
Directions: From I-10 West- exit US-17 South. East on McDuff Ave. Left on Park St. Left on Willowbranch Ave. Corner of Willowbranch and Sydney. Public Remarks: FLAGSHIP PROPERTY! This is a rare opportunity to secure one of the most distinctive rental properties in Jacksonville. Consisting of 23 rented units, Amelia Apartments is one of the larger Apartment communities in the Riverside/Avondale market. Well kept with renovation and careful restoration over the years including CHA, Hardwood Flrs, updated Kit's and Ba's. Exterior painted in 2015. Duro-Last roof is under warranty. Tenant quality is impeccable w/ many long term residents. 100% occ. Upside potential- many rents are below market, and an additional smaller unit w/Ba currently used for maintenance, can be used as Unit 24, or a laundry room. TENANTS PAY ALL UTILITIES. Tranquil location on Willowbranch Park but close to all that the distinctive Riverside quality of life has to offer.


Stories
# Stories: 2  


Unit Info
Total # Units: 24 # Efficiency Units: 11
# 1 Bedroom Units: 13  


Lot Description/View
Land Use Code: 0101  


Annual Fees & Income
Occupancy Rate: 100 Grs Pot Annual Rent: 179136


Property Features
Type: Multi Units; Garden Apartment
Number of Units: 21 - 25 Units
Number of Buildings: 1 Building
Building Stories: 2 Stories
Square Foot Source: Tax Roll
Type of Heating: Central Heating
Type of Cooling: Central Cooling
Pool: No Pool
Parking Facilities: 1 Space P/Unit
Present Tenant Exp: Electric; Water; Sewer; Security Deposit
Road Surface: Asphalt Road
Occupancy: At Closing
Export Options: Publish Address



Listing Office: WARREN & COMPANY

Last Updated: June - 22 - 2017

Information deemed reliable but not guaranteed.

Tuesday 26th of September 2017 02:37 PM

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