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Multifamily

10486 Northwest 36th Drive

10486 NW 36th Dr, Jasper, FL 32052

Listing Price: $475,000

Cap Rate
7.53%
Number of Units
8
Price/Unit
$59,375
Price/Gross SF
$58.96
Gross SF
8,056

Investment Overview

Jasper is located less than 45 minutes from growth centers such as Valdosta, GA and Lake City, FL

Investment Highlights

  • 8-unit community located in the North Florida Submarket
  • All units are two-bedrooms and are townhouse style
  • Opportunity to reach near a 10% cap by year two by stabilizing property and achieving market rents
  • Opportunity to increase rents by over $100 per month by implementing light value add program
  • Opportunity to increase NOI by 63% by the end of year one
  • Additional income opportunity to put coin laundry on site
  • All units have central A/C

Exclusively Listed By

Financing By

  • Jared Cassidy

    First Vice President Capital Markets

    Direct:

    Email Jared

    Washington, D.C., MD

Multifamily

10486 Northwest 36th Drive

Listing Price: $475,000

Cap Rate
7.53%
Number of Units
8
Price/Unit
$59,375
Price/Gross SF
$58.96
Gross SF
8,056

Investment Highlights

  • 8-unit community located in the North Florida Submarket
  • All units are two-bedrooms and are townhouse style
  • Opportunity to reach near a 10% cap by year two by stabilizing property and achieving market rents
  • Opportunity to increase rents by over $100 per month by implementing light value add program
  • Opportunity to increase NOI by 63% by the end of year one
  • Additional income opportunity to put coin laundry on site
  • All units have central A/C

Investment Overview

Jasper is located less than 45 minutes from growth centers such as Valdosta, GA and Lake City, FL

Exclusively Listed By

Financing By

  • Jared Cassidy

    First Vice President Capital Markets

    Direct:

    Email Jared

    Washington, D.C., MD

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