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    461 Bentwood Ln

    Orange Park, FL 32073
    • $2,172,858
    • STATUS: Pending
    • ON SITE: 53 days
    • MLS #: 1084452
    Pending
    UPDATED: 30 min ago
    $2,172,858
    • 8
      BEDS
    • N/A
      ACRES
    • 24
      BATHS
    • 24
      1/2 BATHS
    • 22,116
      SQFT
    • $98
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1982
    County:

    School Ratings & Info

    Description

    Great opportunity to own rental property in a high demand area. Fully occupied. Current comps show rents are up to 950- 1050/m in this community HUD FAIR MARKET RENT IS $1,120.00 PER MONTH Plenty value add, . With property management in place this is a potential 34.03% IRR and 30.27% CASH offered at 8% Cap Rate 10 year hold SEE PROFORMA. This property has been well maintained. All annual lease. See attached Proforma. Hud Fair Market Rents for 2021 for zip code 32073 is $1120 for 2 bed room. Plenty of upside! Public records show property as having only one bath but there is a half bath in each unit connected to the master bedroom. Tenant Pays Water and Electric all units are metered individually. NEW FLOORING RECENTLY INSTALLED IN 95% OF THE UNITS See attached DocsThis is being offer as a portfolio of 6 quadraplexes in the same neighbor hood. 469,464,461 Bentwood and 471,468,454 Crabapple court will be listed separately also . Owner Prefers to sell as a package deal but will sperate for strong offer

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    © 2021 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than The Hanley Home Team at Keller Williams Realty Atlantic Partners Southside are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2021-01-20T11:24:39.883.

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    461 Bentwood Ln Orange Park, FL 32073

    • Price: $2,172,858
    • Status: Pending
    • Updated: 30 min ago
    • MLS #: 1084452
    8
    Beds
    24
    Baths
    24
    ½ Baths
    N/A
    Acres
    22,116
    SQFT
    $98
    $/SQFT
    1982
    Built
    Neighborhood:
    Cedar Bend
    County:
    Clay
    Area:
    13-Orange Park
    Property Description
    Great opportunity to own rental property in a high demand area. Fully occupied. Current comps show rents are up to 950- 1050/m in this community HUD FAIR MARKET RENT IS $1,120.00 PER MONTH Plenty value add, . With property management in place this is a potential 34.03% IRR and 30.27% CASH offered at 8% Cap Rate 10 year hold SEE PROFORMA. This property has been well maintained. All annual lease. See attached Proforma. Hud Fair Market Rents for 2021 for zip code 32073 is $1120 for 2 bed room. Plenty of upside! Public records show property as having only one bath but there is a half bath in each unit connected to the master bedroom. Tenant Pays Water and Electric all units are metered individually. NEW FLOORING RECENTLY INSTALLED IN 95% OF THE UNITS See attached DocsThis is being offer as a portfolio of 6 quadraplexes in the same neighbor hood. 469,464,461 Bentwood and 471,468,454 Crabapple court will be listed separately also . Owner Prefers to sell as a package deal but will sperate for strong offer
    Exterior Features

    Building Stories 2 Stories Exterior Wall Coquina Lot Description Regular Lot Lot Location Suburban Navigable To Ocean YN No Pool No Pool Road Frontage City Street Road Surface Asphalt Road Roof Shingle Structure Wood Frame Waterfront YN No

    Interior Features

    Approx Lease Sq Ft 22116.00 Cooling Central Cooling Heating Central Heating Interior Amenities Tile FloorsVinyl Floors Major Appliances DishwasherRange - ElectricRefrigerator Rental Includes DishwasherDisposalRange/OvenRefrigerator Water Heater Electric Water Heatr

    Property Features

    Annual Insurance Exp 5163.00 Annual Mgmt Fee 18483.00 Annual Operating Exp 9600.00 Annual Property Tax 20526.00 Annual Rent 257000.00 Annual Utilities 9600.00 Buildings 4+ Buildings Country Usa Documents On File Survey On File Exist Rental Income 259200.00 Grs Pot Annual Rent 28800.00 Historic Area No Land Use Code Pud Legal Name Of Subdiv Cedar Bend Multifamily Type Four-Plex New Buyer Expenses ExterminatorGarbage/TrashInsuranceLawn MaintenanceProperty ManagementReal Estate Tax Occupancy At ClosingTenant Occp Lease Occupancy Rate 92.00 Possible Financing 1031 ExchangeCashConventionalFhaVa Present Common Exp Water Present Rental Terms 6 + MonthMonth To MonthYear Present Tenant Exp All ElectricWater Square Foot Source Tax Roll Two Bedroom Rentals $1001 To $1500/Month$801 To $1000/Month Unit Info2 Bedroom Units 24 Units 21 - 25 Units Utilities Sewer - PublicWater - Public

    Listing courtesy of Florida Homes Realty & Mtg Llc.


    © 2021 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than The Hanley Home Team at Keller Williams Realty Atlantic Partners Southside are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2021-01-20T11:24:39.883.

    Digital Millennium Copyright Act
     
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    The Hanley Home Team at Keller Williams Realty Atlantic Partners Southside
    8702 Perimeter Park Blvd
    Jacksonville FL, 32216