Multifamily
Verus Square Apartments
5032 Shirley Ave, Jacksonville, FL 32210
Listing Price: $1,050,000
Investment Overview
Marcus & Millichap is pleased to offer to qualified investors, Verus Square Apartments, a 10-Unit Multifamily Asset located in Jacksonville, FL. Built in 1968, The Building Went Through Recent Upgrades Such As Interior And Exterior Paint, Vinyl Plank Flooring In The Units, And A New Fence That Lines The Property, Allowing An Investor To Capitalize On All Cosmetic Upgrades In Day 1 Of Ownership.
Investors Have The Opportunity To Implement A Flat-Fee Reimbursement System For Water, Sewer, And Trash And An Additional Rental Increase To Be In Line With Similar Rental Comparables In The Marketplace. Additionally, there is Over $6 Billion of Mixed-Use Developments Currently Planned or Under Construction within 15-Minutes of Verus Square Apartments, providing Close Proximity to Cutting-Edge Developments in the Jacksonville Area.
Verus Square Apartments
Investment Highlights
- 10-Unit Multifamily Property Consisting of 1-Bedroom, 1-Bathroom Units.
- The Building Went Through Recent Upgrades Such As Interior And Exterior Paint and Vinyl Plank Flooring In The Units Allowing An Investor To Capitalize On All Cosmetic Upgrades on Day 1 of Ownership.
- Investors Have The Opportunity To Implement A Flat-Fee Reimbursement System For Water, Sewer, And Trash And An Additional Rental Increase To Be In Line With Similar Rental Comparables In The Market.
- Located In The Lakeshore Neighborhood, Verus Square Apartments Provides Proximity To All Jacksonville Attractions While Still Being A Quaint Community.
- Over $6 Billion Of Mixed-Use Developments Currently Planned Or Under Construction Within 15-Minutes Of Verus Square Apartments.
- Jacksonville Boasts The 2nd Hottest Job Market In The Nation (WSJ).
Exclusively Listed By
Financing By
Listing Price: $1,050,000
Investment Highlights
- 10-Unit Multifamily Property Consisting of 1-Bedroom, 1-Bathroom Units.
- The Building Went Through Recent Upgrades Such As Interior And Exterior Paint and Vinyl Plank Flooring In The Units Allowing An Investor To Capitalize On All Cosmetic Upgrades on Day 1 of Ownership.
- Investors Have The Opportunity To Implement A Flat-Fee Reimbursement System For Water, Sewer, And Trash And An Additional Rental Increase To Be In Line With Similar Rental Comparables In The Market.
- Located In The Lakeshore Neighborhood, Verus Square Apartments Provides Proximity To All Jacksonville Attractions While Still Being A Quaint Community.
- Over $6 Billion Of Mixed-Use Developments Currently Planned Or Under Construction Within 15-Minutes Of Verus Square Apartments.
- Jacksonville Boasts The 2nd Hottest Job Market In The Nation (WSJ).
Investment Overview
Marcus & Millichap is pleased to offer to qualified investors, Verus Square Apartments, a 10-Unit Multifamily Asset located in Jacksonville, FL. Built in 1968, The Building Went Through Recent Upgrades Such As Interior And Exterior Paint, Vinyl Plank Flooring In The Units, And A New Fence That Lines The Property, Allowing An Investor To Capitalize On All Cosmetic Upgrades In Day 1 Of Ownership. Investors Have The Opportunity To Implement A Flat-Fee Reimbursement System For Water, Sewer, And Trash And An Additional Rental Increase To Be In Line With Similar Rental Comparables In The Marketplace. Additionally, there is Over $6 Billion of Mixed-Use Developments Currently Planned or Under Construction within 15-Minutes of Verus Square Apartments, providing Close Proximity to Cutting-Edge Developments in the Jacksonville Area.
Exclusively Listed By
Financing By
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