7071 103Rd StJacksonville, FL 32210

Vivo Living, a prime Jacksonville, Florida investment property, presents a unique opportunity. This multifamily complex, operating as both an apartment building and hotel, boasts 103 studio units, each generously sized at 350 square feet. The property, located at 7071 103RD Street, zip code 32210, in Duval County, sits on a substantial 4.38-acre lot. Built in 1986 and extensively renovated in 2023, the property comprises four single-story buildings. Its strategic location just off I-295 provides exceptional access to Jacksonville's vibrant retail corridor and densely populated areas. The asking price for this exceptional investment is $11,900,000. The property's combination of hotel and apartment functionalities offers significant income potential and flexibility for future development or operational strategies. The recent renovation ensures modern amenities and updated infrastructure, minimizing immediate capital expenditure needs. This is an exceptional opportunity to acquire a well-maintained, high-occupancy property in a rapidly growing market. The property's size and location make it an ideal investment for both seasoned and emerging investors seeking strong returns in the Florida real estate market. The 103 units provide a substantial revenue stream, and the strategic location ensures consistent occupancy rates. This is a turnkey operation ready for immediate income generation.