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


$2,150,000
1310 WILLOW BRANCH AVE
JACKSONVILLE, FL 32205
MLS# 883389
Status: Pending
24 beds  |  24 baths  |  16534 sqft


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Property Description
Outstanding Value-Add Opportunity! $100+ Rent Premiums Achievable- Rents are currently well below market. Most recent lease was $150 above previous tenant, leased within 14 days of listing. There is also a unit currently used as an office, generating no income. This is a rare opportunity to secure one of the most distinctive rental properties in Jacksonville. Consisting of 24 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. TENANTS PAY ALL UTILITIES. Tenant quality is impeccable w/ many long term residents. New laundry room with 3 coin-op w/d.

Details
Maps
Listing Information
Annual Rent: 180252  


Location, School & Taxes
Country: USA  


Property Description
Total # of units: 24 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.  


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: All Electric; Water; Sewer; Security Deposit
Road Surface: Asphalt Road
Occupancy: At Closing
Export Options: Publish Address



Listing Office: WARREN & COMPANY

Last Updated: July - 09 - 2018

Information deemed reliable but not guaranteed.

Thursday 19th of July 2018 01:47 PM

Contact Traditions Realty at (904) 683-5230 to Speak to an Agent >>