LET'S GET IT GONE!!
Awesome Deal, 200 TOWNHOMES
$16k A DOOR!!
The Price is Right! Make An Offer!!
We need a CASH buyer for 200 Townhome Units at just $16,000 per door.
Exceptional unit mix boasting an average unit size of over 1,000 sq.ft. and featuring 82% two and three bedroom floor plans.
Receivership sale with opportunity for seller financing or creative acquisition structure.
This property needs rehab in various stages but is well worth it!!
Qualified Buyers Only Please
WOW $3.2M TAKES IT!!
The opportunity to acquire Grande Oaks Apartments, a value added 200 unit rental townhome community. The Property is currently in receivership and has approximately seventy-five (75) units offline. The Property’s low density two-story buildings are set on a vast 10.49 acre site in Jacksonville, Duval County, Florida. The Property enjoys an infill location in close proximity to Jacksonville University and the Central Business District. The Property is centrally located on the east side of Justina Road, between Fort Caroline Road and Merrill Road, one block east of University Boulevard North in Arlington.
Exceptional unit mix boasting an average unit size of over 1,000 • sq.ft. and featuring 82% two and three bedroom floor plans
Receivership sale with opportunity for seller financing or creative • acquisition structure
Great location within Jacksonville and walking distance to • Jacksonville University
Concrete block construction with all townhome units featuring • ground floor entry
Location
3260 Justina Road
Jacksonville, Florida - Duval County
Total Units
200 Townhomes
1 Bed /1 Bath: 36 units 850 sf
2 Bed /1.5 Bath: 138 units 1,116 sf
3 Bed /2 Bath: 26 units 1,300 sf
Total Rentable Area
218,408 sf (1,092 sf average)
Acres 10.49
Year Built 1964
Occupancy 20%
Amenities Two (2) Swimming Pools and Two (2) Laundry Rooms
SERIOUS INQUIRIES ONLY PLEASE
COMPLETE DD PACKAGE AVAILABLE UPON REQUEST
NCND REQUIRED FIRST.
Complete Due Diligence and Document Package Available For Seriously Interested Buyers.
NCND Required First.
PLEASE, NO TIME WASTERS ON THIS!!
Additional Terms of Service The Seller offers the Property for sale in "AS IS" CONDITION AT THE TIME OF SALE OR CLOSING, INCLUDING ANY HIDDEN DEFECTS OF ANY NATURE, KNOWN OR UNKNOWN, with no representations, warranties or guarantees whatsoever, express or implied, regarding their nature, value, source, authenticity, fitness, merchantability, and/or any other aspect or characteristic of the Property. No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding the Property. All sales are with the understanding that the buyer cannot rely on any other representation, warranty or guaranty made by anyone.
Winning bidder must contact the seller within 24 Hours after the close of the auction with proper vesting information. We have done our best to describe this property but the house is sold as is with no warranties expressed or implied. Entire funds to be transferred within 3 business days via wire transfer, money order, cash or bank check only. (special auction, negotiable settlement terms apply)
BUYER PAYS CLOSING COSTS.
FREE AND CLEAR TITLE. NO LIENS OR BACK TAXES OF ANY KIND.
THE BUY IT NOW OPTION OF $3,200,000 IS ONLY VALID UNTIL A BID IS PLACED. ONCE A BID IS PLACED THE UNIT WILL BE SOLD TO THE HIGHEST BIDDER REGARDLESS OF PRICE EVEN IF THE PRICE EXCEEDS THE ORIGINAL "BUY IT NOW" PRICE OF $3,200,000.
All information is deemed reliable but not guaranteed. Please feel free to inspect this property anytime prior to auction close. Cash Sale only!
General Refund Policy
Buyer acknowledges and verifies that he/she has carried out the necessary due diligence to purchase, as properties are sold "as is". As such, all sales are final, and refunds will not be granted.
Thanks for looking, please
email us with any further questions
Serious inquiries only please.