4800 Beach Blvd Boulevard
Jacksonville, FL 32207

This office space has 10 units. 6 units at 1000 sq ft, 4 units at 1328 sq ft. The building has 6 units with a kitchenette and four without.. All units have a 1/2 bath, accessible plumbing available to increase to a full bath . Typical floor size is 5,656. One unit is leased month to month. There are 36 parking places. Projected gross revenue for all 10 units with a maximum occupancy is $223,976.00, providing for a 40% expense load at $134,358.00. A full purchase price with $200,000.00 projected renovation budget gives you a market cap rate of 11%.