11,960 sqft Building | 918 SAINT JOHNS AVE, Palatka FL 32177 | Putnam County
$1,540,000
918 Saint Johns Avenue, Palatka, FL 32177
8.32
Cap Rate
11,960 sqft
Building Size
Details:
Highlights:
- Coin-operated laundry areas in both buildings, each with washers and dryers
- Rear parking available for tenants
- All residential AC units were replaced last year
- Roof: are all replaced
- 910 Saint Johns Ave completed in 2009
- 918-922 Saint Johns Ave completed in 2010
Description:
Address: (1) 918 SAINT JOHNS AVE, Palatka FL 32177 (2) 910 St Johns Ave Palatka, FL 32177
County: Putnam County
Parcel ID: (1) 42-10-27-6850-0670-0020 Building #1 ; (2) 42-10-27-6850-0670-0023 Building 1 - back parking ; (3) 42-10-27-6850-0670-0032 Building #2
Zoning: DB
Land size (sqft): Building 1: 7727 sqft (0.18 acres); Building 2: 7405 sqft (0.17 acres)
Land size (acre): 0.35
Potential development: Multi-Family, Retail Store/Plaza
Layout:
Building 1: 918 St Johns Ave Palatka, FL 32177
3 commercial units (each unit 758 sqft)
3 residential units (1bed\ 1 bath)
Building 2: 910 St Johns Ave Palatka, FL 32177
2 commercial units (3500 sqft total)
6 residential units (1\1 each)
Google Maps Link: https://maps.app.goo.gl/ur77pQvJW9BN6Xdn6
Rent info:
Current Gross Rent: $13,650.00
Current NOI: $128,498.38
Potential Gross Rent: $17,333.75
Potential NOI: $163,179.93
Rentable Sqft: 10,153 sq ft
Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes.
We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner.
All information is provided as-is. Buyers are encouraged to perform their own due diligence.
Showing property visits by appointment only.
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