4070 Grant Rd, Jacksonville, FL 32207

Amazing preconstruction multifamily investment opportunity. The only brand new duplex rental building opportunity on the market. Each duplex has 2 units, 1247 ft with 3 bedroom 2 bath each. 1 story bldg. Great rental area on the southside of Jacksonville, close to everything 3.5 miles to downtown, less than 2 miles to San Marco. shopping, schools, public trans. Units are located right in front of Pine Forest magnet elementary school of the arts. Perfectly located where 500 children are picked up and dropped off every day. Great traffic of potential tenants year round. 3.5% down FHA financing owner occupants. Live in one side have your tenant help pay the mortgage. Easy residential financing for investors. New construction means top dollar rents and low maintenance cost. Great cap rate. Easy to manage. There will be a total of 16 units available. 6- duplex buildings and 4- single family buildings. Can be bought as individual bldgs. or as one 16 unit package. Nice finishes in each unit .Due to the limited number of available multifamily units for sale the current market would be considered to have a shortage of units. The overall market trend in Northeast Florida has seen a decline in the available supply of units during the past 2 years going from a buyers market to a sellers market. This trend appears to be stable and will continue for the foreseeable future. The majority of rental units for sale currently were built 20-100 years ago. These duplex are the only brand new units built in 2017 on the market and are ideally located in front of a magnet elementary school. For you FHA qualified owner occupants this is the easy way to start building a rental portfolio and building a future as real estate investors.