The MultiFamily Doctor

5348 Westchase Ct Jacksonville FL 32210

Sale Price

$350,000

Minimum ARV

$395,000

Maximum ARV

$

Current Rent:
Unit 1-$895
Unit 2-$925
Unit 3-$925
Unit 4 - Vacant (Listed for rent - $925)
Total Current Rent = $2,745

Units Layout: 2/1 each unit

Proforma Rent: $4,400-$4,800

Unit Sqft: 729

Current Occupancy:
Unit 1 - Occupied
Unit 2 - Occupied
Unit 3 - Occupied
Unit 4 - Vacant (Listed for rent - $925)

Total Sqft: 2,916

Yr Built: 1984

Deal Type

Cash

Sale Price

$350,000

Minimum ARV

$395,000

Maximum ARV

$

Total No Of Units: 4

Units Layout: 2/1 each unit

Unit Sqft: 729

Total Sqft: 2,916

Yr Built: 1984

Current Rent:
Unit 1-$895
Unit 2-$925
Unit 3-$925
Unit 4 - Vacant (Listed for rent - $925)
Total Current Rent = $2,745

Proforma Rent: $4,400-$4,800

Current Occupancy:
Unit 1 - Occupied
Unit 2 - Occupied
Unit 3 - Occupied
Unit 4 - Vacant (Listed for rent - $925)

Deal Type

Cash

Detailed Monthly Expenses

Insurance: $214.33

Who Pays?

Electric: Tenant

Water: Tenant will be billed 25% of water and sewer charge monthly

Additional Info

Lease Terms:
Unit 1 - $895 - 09/01/2023 - 08/31/2025
Unit 2 - $925 - 08/01/2023 - 07/31/2025
Unit 3 - $925 - 10/01/2023 - 09/30/2025
Unit 4 - Listed for rent - $925-N/A

Air Conditioning: All are central Ac’s
One of the units have ac of 1.5 years old

Electric Meters: 4

Water Meters: 1

Closing Terms

EMD: $10,000

Closing Terms

EMD: $10,000

Property & area description

Comperables

RENTAL COMPS:
5327 Westchase Ct, Jacksonville, Florida 32210 – rented for $1,150 per month
https://www.apartments.com/5327-westchase-ct-jacksonville-fl/nhwnt5n/

5240 Westchase Ct, Jacksonville, FL 32210 – rented for $1,200 per month
https://www.apartments.com/5240-westchase-ct-jacksonville-fl/7wqp18w/

SALE COMPS:
5123 Westchase Court, Jacksonville, Florida 32210 – sold for $395,000
https://www.zillow.com/homedetails/5123-Westchase-Ct-Jacksonville-FL-32210/154549815_zpid/

Additional Pictures & Videos

PHOTOS ARE TAKEN BEFORE THE TENANT MOVE-IN
UNIT 4 – VACANT FOR SHOWING PURPOSES

 

PHOTOS AND VIDEO

Financials

Offering Memorandum

Map of the property location

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