3146 Post St Jacksonville, FL 32205

Listing details for 3146 Post St, Jacksonville, FL 32205 : Riverside Palms Apartments- Numbers are in and 2014 Net Income was over $50,000. This is a great opportunity for investors to secure a well maintained, 100% occupied stellar performer currently trending at a 8.3% CAP rate! 14-unit consistent producer, including four one-bedroom and 10 spacious efficiencies, all with full kitchens. Most rents guaranteed by highly screened HUD or VA tenants, making management and collections that much easier. Community was fully renovated in 2007 with new flooring, appliances, cabinets, renovated bathrooms, paint inside and out and landscaping. New roof (with transferrable warranty)in 2012. Current Lender loves the deal and is ready to offer a loan assumption for qualified Buyers, or originate a new loan.