7929 Smart Ave, Jacksonville, FL 32219

PLEASE No wholesalers or companies FIVE 5 Quad-plexes sold together! Owner's terms at end. Cash Cow. GREAT cash on cash numbers! instant portfolio of 20 units in the same area! Separately metered to tenants on all buildings and units. This is a perfect investment. Low maintenance, section 8 and Veteran Program Housing, affordable housing weathers recessions and economic downturns. Durable concrete block! Heat PM. We just put new roofs on two of the buildings! Others are doing great. 2 bedrooms and 1 bathroom per unit.. FULLY Occupied! all 5 buildings must sell together: $390k ea with owners financing. Don't miss out on this opportunity to generate long-term passive income! These buildings are concrete block and utilities are separately metered per unit so tenants pay them. Rents vary so contact us for rent rolls. They range from 600-900. 900-1000 is market rent. So these should all be bringing in 20k/mo very easily. Thats $240k/year for a $292k investment! Very low expenses, the occasional used appliance is all you need to replace. There is no carpet, no dishwashers, no clothes washers, no central air to worry about breaking down. Walls are cinderblock. All units are ac/window units which are very cheap to replace if it is ever necessary. All units are or can be Section 8 eligible/approved. (Let the government make your tenants' rent payments!) Owner financing at the following terms: 390 ea quad. 1.95m purchase price. Interest only payment at 15% down (292500) with an 6.5% rate on a 10, or 15 year balloon. The payment would then be 8978.13 with income potential of 20k/mo+. We are selling because of a new commercial opportunity. This property is located in an Opportunity Zone so it qualifies for deferment and then ultimate elimination of capital gains tax with funds used for purchase and any upgrade investments. (google Opportunity Zone for more info). Also can sell for cash. Addresses: 1820 WHITNER ST JACKSONVILLE FL 32209 7929 SMART AVENUE JACKSONVILLE, FL 32219 1465 W 20TH ST JACKSONVILLE FL 32209 1935 W 44TH STREET JACKSONVILLE, FL 32209 1606 &1612 UNION STREET JACKSONVILLE, FL 32209 Reach out with any questions!