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listing
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CommercialFor Sale
$2,300,000
1357 Kingsley Avenue
Orange Park, FL 32073
Listed by: Jpar City And Beach, 904-758-1156
MLS: RealMLS
25Baths
13,338Sq Ft
Est. Mortgage
$11,972/mo

JPAR City & Beach proudly presents Kingswood Apartment Homes, a 12-unit multifamily property in the Town of Orange Park. The property consists of three quadplexes, featuring a mix of one & two-story townhomes. Recent renovations, including new kitchens, bathrooms, flooring, and more to all units ensure an above-average living experience for tenants, making it an ideal investment for absentee owners. The property's prime location near OPMC and major interstates makes it attractive to both residents and investors. With a current 25% market gap, strong demographics, high demand for rental housing, and additional income opportunities, this multi-family investment offers immediate stable income and significant upside potential. The RG-1 zoning potentially allows for short-term rentals and traveling nurse housing. Additional value-add opportunities for profitability and income growth may include adding amenities, STRs, further upgrading units, or developing additional units. Don't miss out!

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Information courtesy of JPAR CITY AND BEACH is subject to verification and is not guaranteed. This data is up-to-date as of 11/21/2024 04:14 AM. For the most current information, contact JPAR CITY AND BEACH at 904-370-3500. 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 JPAR CITY AND BEACH 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. Copyright 2024 Northeast Multiple Listing Service, Inc. All rights reserved.
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