[rev_slider alias=”st-johns-pointe”]

Construction Year: 1974

Address: 141 Old Orange Park Road, FL 32073

Number Of Units: 284

Lot Size:  19.65 Acres

Cash on Cash:  10.83%

Property Overview
St. John’s Pointe is a 284 unit low-density Garden Style multifamily asset located in a strategic infill location of Jacksonville, Florida. This Class-B property was completed in 1974 and offers a tremendous value-add investment opportunity within Orange Park, Florida, a strong submarket in the Jacksonville MSA.
The Jacksonville MSA has generated impressive job growth statistics with 14,000 new jobs created YOY and 72,300 jobs created in the past four years. Its vicinity to appealing tenant demand drivers like NAS JAX, (the naval air station) and a growing medical hub consisting of the Mayo Clinic, the Orange Park Medical Center, Baptist Health, Nemours Children’s Health System, UF Health, Ascension St. Vincent, and Memorial Hospital offers a constant supply of tenants.