Orange Park, FL 32073,461 BENTWOOD LN
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Orange Park, FL 32073,461 BENTWOOD LN
Orange Park, FL 32073,461 BENTWOOD LN
Orange Park, FL 32073,461 BENTWOOD LN
Orange Park, FL 32073,461 BENTWOOD LN

$355,000

Est. payment /mo

$2,172,858

83.7%
Est.Price: ?

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461 BENTWOOD LN Orange Park, FL 32073

8 Beds

48 Baths

22,116 SqFt

SOLD DATE : 01/29/2021

Key Details

Sold Price $355,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 22,116 sqft

Price per Sqft $16

Subdivision Cedar Bend

MLS Listing ID 1084452

Sold Date 01/29/21

Bedrooms 8

Originating Board realMLS (Northeast Florida Multiple Listing Service)

Year Built 1982

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 Docs This 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

Location

State FL

County Clay

Community Cedar Bend

Area 131-Meadowbrook/Loch Rane

Direction 295 - At exit 12, take ramp right for SR-21 toward Orange Park Mall Turn left onto SR-21 S / Blanding Blvd Turn right onto Wells Rd Turn left onto Cedar Bend

Interior

Heating Central

Cooling Central Air

Flooring Tile, Vinyl

Exterior

Garage Spaces 48.0

Pool None

Roof Type Shingle

Total Parking Spaces 48

Private Pool No

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Structure Type Frame,Shell Dash

Others

Tax ID 06042601068710400

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

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Listed by FLORIDA HOMES REALTY & MTG LLC
Bought with FLORIDA HOMES REALTY & MTG LLC

Cyanne Goodwin

Advisor

+1(904) 708-6019

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