Description

Nine (9) fully leased townhomes located on the Southside of Jacksonville. Newly constructed in 2021 . Ten (10) year lease terms with nine (9) years remaining. Corporate lease in place with automatic payments set up monthly, which eliminates the risk of having to find new Tenant’s every year or two. Each townhome comes fully furnished, and it is Tenant responsibility to replace furniture when needed.
Gross income is $224,640.00
ExpensesAnnual Expense Information:
HOA Fees- $9,021.60
Insurance- $5,382.00
JEA Water/Sewer- $6,480.00
Pest Control- $1,800.00
HVAC Maintenance- $1,602.00
RE Taxes- $36,000
Total= $60,285.60
NOI – $164,354.40