1201 River Bank Court
1201 River Bank Court
Jacksonville, FL 32207
$2,500,000
Price
—
Beds
18
Baths
6,026 Sq. Ft.
$415 / Sq. Ft.
6,026
Sq. Ft.
$415
per Sq. Ft.
Description
Check out this beautifully updated, fully furnished 10-plex! This turn-key complex is located within eyeshot of the incredible river view. It was most recently operating as a STR at an 8% cap, but could easily function as a midterm, long-term, ect. Owner will entertain seller finance with 1.5M down payment. All showings must accompany a formal written offer prior to appointment. Interested investors please reach out via email.Check out this beautifully updated, fully furnished 10-plex! This turn-key complex is located within eyeshot of the incredible river view. It was most recently operating as a STR at an 8% cap, but could easily function as a midterm, long-term, ect. Owner will entertain seller finance with 1.5M down payment. All showings must accompany a formal written offer prior to appointment. Interested investors please reach out via email.
- Listed by THOMAS JAMES BLEEKER • FLORIDA HOMES REALTY & MTG LLCP: 904-446-5243 bleekerrealestate@gmail.com
Property Details for 1201 River Bank Court
Senior Community YN
No
Location
Listing Courtesy of FLORIDA HOMES REALTY & MTG LLC
Add your commute
LISTING UPDATED: 05/22/2024 04:10 PM
Property Details for 1201 River Bank Court
| Status | Active |
|---|---|
| MLS # | 2025353 |
| Days on Market | 22 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Commercial Sale / Multi Family |
| Year Built | 1963 |
| Lot Size | 0.39 AC / 16,988 SF |
| County | Duval County |
Location
Listing Courtesy of FLORIDA HOMES REALTY & MTG LLC
Add your commute
Building Information for 1201 River Bank Court
Stories-Residences10Year Built1963Building Size-Lot Size0.39 AC / 16,988 SF
Payment Calculator
$13,644 per month
30 year fixed, 7.25% Interest
Principal and Interest
$13,644
Property Taxes
—
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 1201 River Bank Court
Summary
Location and General Information
- Country: US
- Directions: Turn into the Cleaning Service building and follow side road.
- Road Frontage Type: Unimproved
- Zoning Description: Commercial
- MLS Area Major: 041-Arlington
- City: Jacksonville
- State: FL
- Postal Code: 32207
- County: Duval
- Latitude: 30.315774
- Longitude: -81.604557
- MLS Area Minor: 041-Arlington
- General Property Information: Waterfront YN: No
- General Property Information: Senior Community YN: No
- General Property Information: Accessibility Features YN: Yes
- Road Frontage Type: Unimproved: Yes
Taxes and HOA Information
- Parcel Number: 1345350000
- Tax Legal Description: W-226 48-2S-27E .4 HULBERTS S/D PT P BAGLEY GRANT
- Association Fee: $.00
- Association YN: No
- General Property Information: Association YN: No
Parking
- Parking Features: Guest: Yes
- Parking Features: Parking Lot: Yes
Property
Lot Information
- Lot Features: Dead End Street, Split Possible
- Lot Size Acres: 0.39
- Living Area: 6026.0
- Building Area Source: Public Records
- Building Name: River Bank Villas
- Lot Size Area: 0.39
- Lot Size Units: Acres
- Lot Size Square Feet: 16988.4
- Building Features: % Air Conditioned or Heated: 100.0
Property and Assessments
- Current Use: Hotel/Motel
- Year Built: 1963
- MLS Approval Status: Yes
- Additional Parcels YN: false
- Existing Lease Type: Net
- Land Lease YN: false
- General Property Information: Lot Size Acres: 0.39
- General Property Information: Number Of Units Total: 10.0
- General Property Information: Building Name: River Bank Villas
- General Property Information: Land Lease YN: No
- General Property Information: List Price/SqFt: 414.87
- Green Building Verification Type: Other: Yes
- Lot Features: Split Possible: Yes
- Location: Subdivision: Yes
Green Features
- Green Energy Efficient: Roof
Utilities
- Sewer: Septic Tank
- Water Source: Public
- Electric: 220 Volts: Yes
- Sewer: Septic Tank: Yes
- Utilities: Cable Available: Yes
- Utilities: Electricity Available: Yes
- Water Source: Public: Yes
Interior and Exterior Features
Exterior Features
- Security Features: Smoke Detector(s)
- Construction Materials: Block, Concrete
- Association Amenities: Cable TV: Yes
- Association Amenities: Laundry: Yes
- Construction Materials: Block: Yes
- Construction Materials: Concrete: Yes
- Roof: Metal: Yes
- Security Features: Smoke Detector(s): Yes
Interior Features
- Stories Total: 2
- Cooling: Ceiling Fan(s), Wall Unit(s)
- Heating: Electric, Other
- Flooring: Vinyl
- Bathrooms Total (Integer): 18
- Bathrooms Total (Decimal): 18.0
- Bathrooms Total (Notational): 18.0
- Cooling: Yes
- Heating: Yes
- General Property Information: Building Area Total: 6026.0
- General Property Information: Stories Total: 2.0
- General Property Information: Building Area Source: Public Records
- Cooling: Ceiling Fan(s): Yes
- Cooling: Wall Unit(s): Yes
- Flooring: Vinyl: Yes
- Heating: Electric: Yes
- Ceiling Type: Drywall: Yes
Mobile Home
Mobile/Manufactured Home
- Operating Expense: $14
Multi Family
Multi Family Information
- Number of Units: 10
Income & Expenses
- Gross Income: $213,144
- Net Operating Income: $183,303
- Operating Expense Includes: Insurance, Maintenance, Manager, Professional Management, Staff, Utilities, Water/Sewer
- Income and Expenses: Gross Income: 213144.0
- Income and Expenses: Operating Expense: 14.0
- Operating Expense Includes: Insurance: Yes
- Operating Expense Includes: Maintenance: Yes
- Operating Expense Includes: Manager: Yes
- Operating Expense Includes: Professional Management: Yes
- Operating Expense Includes: Staff: Yes
- Operating Expense Includes: Water/Sewer: Yes
Unit 1
- Unit 1 Details: Unit ID: 1
- Unit 1 Details: Annual Rent: 1776.0
- Unit 1 Details: Unit SqFt: 600.0
- Unit 1 Details: # Units (This Type): 8.0
- Unit 1 Details: Baths Total: 1.0
- Unit 1 Details: Furnished: Furnished
- Unit 1 Details: Unit Remarks: Main
Unit 2
- Unit 2 Details: Unit ID: 2
- Unit 2 Details: Annual Rent: 1776.0
- Unit 2 Details: Unit SqFt: 600.0
- Unit 2 Details: # Units (This Type): 8.0
- Unit 2 Details: Baths Total: 1.0
- Unit 2 Details: Furnished: Furnished
- Unit 2 Details: Unit Remarks: Main
Unit 3
- Unit 3 Details: Unit ID: 3
- Unit 3 Details: Annual Rent: 1776.0
- Unit 3 Details: Unit SqFt: 600.0
- Unit 3 Details: # Units (This Type): 8.0
- Unit 3 Details: Baths Total: 1.0
- Unit 3 Details: Furnished: Furnished
- Unit 3 Details: Unit Remarks: Main
Unit 4
- Unit 4 Details: Unit ID: 4
- Unit 4 Details: Annual Rent: 1776.0
- Unit 4 Details: Unit SqFt: 600.0
- Unit 4 Details: # Units (This Type): 8.0
- Unit 4 Details: Baths Total: 1.0
- Unit 4 Details: Furnished: Furnished
- Unit 4 Details: Unit Remarks: Main
Unit 5
- Unit 5 Details: Unit ID: 5
- Unit 5 Details: Annual Rent: 1776.0
- Unit 5 Details: Unit SqFt: 600.0
- Unit 5 Details: # Units (This Type): 8.0
- Unit 5 Details: Baths Total: 1.0
- Unit 5 Details: Furnished: Furnished
- Unit 5 Details: Unit Remarks: Main
Unit 6
- Unit 6 Details: Unit ID: 6
- Unit 6 Details: Annual Rent: 1776.0
- Unit 6 Details: Unit SqFt: 600.0
- Unit 6 Details: # Units (This Type): 8.0
- Unit 6 Details: Baths Total: 1.0
- Unit 6 Details: Furnished: Furnished
- Unit 6 Details: Unit Remarks: Main
Unit 7
- Unit 7 Details: Unit ID: 7
- Unit 7 Details: Annual Rent: 1776.0
- Unit 7 Details: Unit SqFt: 600.0
- Unit 7 Details: # Units (This Type): 8.0
- Unit 7 Details: Baths Total: 1.0
- Unit 7 Details: Furnished: Furnished
- Unit 7 Details: Unit Remarks: Main
Unit 8
- Unit 8 Details: Unit ID: 8
- Unit 8 Details: Annual Rent: 1776.0
- Unit 8 Details: Unit SqFt: 600.0
- Unit 8 Details: # Units (This Type): 8.0
- Unit 8 Details: Baths Total: 1.0
- Unit 8 Details: Furnished: Furnished
- Unit 8 Details: Unit Remarks: Main
Agent
Showing and Remarks
- Public Remarks: Check out this beautifully updated, fully furnished 10-plex! This turn-key complex is located within eyeshot of the incredible river view. It was most recently operating as a STR at an 8% cap, but could easily function as a midterm, long-term, ect. Owner will entertain seller finance with 1.5M down payment. All showings must accompany a formal written offer prior to appointment. Interested investors please reach out via email.
- General Property Information: Directions: Turn into the Cleaning Service building and follow side road.
- General Property Information: Public Remarks: Check out this beautifully updated, fully furnished 10-plex! This turn-key complex is located within eyeshot of the incredible river view. It was most recently operating as a STR at an 8% cap, but could easily function as a midterm, long-term, ect. Owner will entertain seller finance with 1.5M down payment. All showings must accompany a formal written offer prior to appointment. Interested investors please reach out via email.
Rental
Rental Information
- Utilities: True
- Roof: True
- Owner Pays: All Utilities: Yes
- Tenant Pays: Other: Yes
- Existing Lease Type: Net: Yes
Property History for 1201 River Bank Court
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1201 River Bank Court
This home is within Duval.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 8 |
Rating | School | Distance |
|---|---|---|
Love Grove Elementary School PublicPK to 5 | ||
Arlington Middle School Public6 to 8 | ||
Englewood High School Public9 to 12 | ||
BridgePrep Academy of Duval CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of FLORIDA HOMES REALTY & MTG LLC
Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
