Description of 2564 W 23rd Street, Jacksonville - MLS# 2165796
Incredible and unique opportunity to acquire a diversified collection of six residential investment properties across Jacksonville, ranging from historic multifamily assets in the city's highly desirable urban core neighborhoods to renovated single-family residential rental properties in established neighborhoods. The portfolio combines established rental income with multiple investment strategies, including traditional long-term rentals, furnished short- and mid-term rentals, workforce rentals, historic multifamily housing and properties offering potential future owner-occupant appeal. Several of the signature assets are located within Jacksonville's established historic neighborhoods, where walkability, architectural character and limited multifamily inventory support strong long-term rental demand. Other properties provide high-yield opportunities at accessible acquisition prices as well as exposure to newer suburban residential communities. Across the portfolio, ownership has completed significant improvements including electrical and plumbing upgrades, renovated kitchens and baths, newer roofing and HVAC systems, interior renovations and other capital improvements totalling over $100,000. The properties may be considered individually or as a portfolio acquisition. Portfolio Highlights: *Diversified residential portfolio with six properties and 14 total residential units/homes. *Urban-core concentration with assets in Avondale, Murray Hill, Riverside and Lakeshore, plus Oakleaf-area and Grand Park single-family rentals. *Multiple leasing strategies: long-term rentals, furnished short/mid-term rentals, workforce rentals, duplex/quadruplex income, single-family rentals and future owner-occupant appeal. *Immediate scheduled monthly rent of approximately $21,495 based on current/pro forma figures provided. *Significant capital improvements across the portfolio, including electrical, plumbing, roof, HVAC, kitchens, baths and interior improvements. Approximate Capital Improvements total $102,816 *Historic and walkable assets in Avondale, Riverside, and Murray Hill offer a lifestyle that supports strong tenant demand. *Opportunity to acquire the full portfolio, select assets, or individual properties with different risk/return profiles. The Properties Include: 1718 Pine Grove Avenue, Jacksonville, FL 32205 3520 Post Street, Jacksonville, FL 32205 2987-2989 Collier Avenue, Jacksonville, FL 32205 5202 Birkenhead Road / 2308 Harvester Street, Jacksonville, FL 32210 502 Deercroft Lane, Orange Park, FL 32065 2564 W. 23rd Street, Jacksonville, FL 32209
