Cimarron Apartments

Cimarron Apartments

Property info

Multifamily

Multifamily​
830 Arlington River Dr, Jacksonville, FL
Units: 88
Construction Year: 1966
Purchase Price: $ 3,221,239.00
Purchase Date: Jan 2018
Sale Date: Jan 2019

$ 4,300,000.00

Sale Price

$600,000.00

Operation Costs

$478,761.00

Profit

73%

IRR

$645.00

Rent Average

Gallery

Scope of Work

Completion of value add cosmetic renovations and management adjustments to increase rents.

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