1201 River Bank Ct Jacksonville, FL 32207

This exceptional 10-unit multifamily property, situated at 1201 RIVER BANK Court in Jacksonville, Florida, presents a compelling investment opportunity. Built in 1963, this two-story complex boasts a substantial 16,988.4 square foot lot and offers breathtaking river views. Currently configured as a fully furnished 10-plex, the property has recently operated as a short-term rental (STR) achieving an 8% capitalization rate. However, its versatile design and location make it equally suitable for mid-term or long-term rentals. The property's strong performance history, combined with its prime location, makes it an attractive prospect for investors seeking a stable and potentially high-yielding asset. The asking price is $2,500,000, and the seller is open to considering seller financing with a $1,500,000 down payment. All showings require a formal written offer prior to scheduling an appointment. This turnkey operation is ready for immediate income generation and presents a rare opportunity to acquire a well-maintained, high-performing property in a desirable Jacksonville location. The property is located in Duval County, Florida, zip code 32207. This is a truly unique opportunity to own a piece of Jacksonville's vibrant real estate market. Serious inquiries only.