FL > Hilliard
Hilliard, FL 32046,553597 US-1
Hilliard, FL 32046,553597 US-1
Hilliard, FL 32046,553597 US-1
Hilliard, FL 32046,553597 US-1
Hilliard, FL 32046,553597 US-1
Hilliard, FL 32046,553597 US-1
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Stacy Darnell

Stacy Darnell

+1(904) 234-0425
$ 1,299,900
Est. payment | /mo

5,724 SqFt

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$ 1,299,900
Est. payment | /mo
Save

5,724 SqFt

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 5,724 sqft

Price per Sqft $227

MLS Listing ID 2080168

Originating Board realMLS (Northeast Florida Multiple Listing Service)

Year Built 1952

Annual Tax Amount $4,933

Lot Size 2.110 Acres

Acres 2.11

Property Sub-Type Hotel/Motel

Property Description

Investment Opportunity in Hilliard, FL: A 18-Unit Multifamily Gem Discover a lucrative investment opportunity in the heart of Hilliard, Florida, with this impressive 18-unit multifamily building available for $1,299,900. This property boasts a remarkable yearly return on investment (ROI) of over 13% yearly, making it a standout addition to your real estate portfolio. With a prime location just off Highway 1, you're only minutes away from the Georgia border and a quick 25-minute drive to Jacksonville, making it an ideally situated asset for both tenants and investors alike. The building features two spacious 3-car garages, offering added value and flexibility for potential use as storage units, additional apartments, or even a coin laundry facility. This property has several long term tenants who pay on time! Property also has many updates including new roof in 2017, new well pump in 2024, new flooring in 2020, new toilets and sinks in 2020, New AC units in 2022.

Location

State FL

County Nassau

Area 492-Nassau County-W Of I-95/N To State Line

Direction From CR 108, head North on US-1

Interior

Heating Electric, Varies by Unit

Cooling Electric, Multi Units, Wall/Window Unit(s), Window Unit(s)

Flooring Laminate, Tile, Vinyl

Exterior

Parking Features Additional Parking, Attached, Attached Carport, Carport, Circular Driveway, Covered, Detached, Garage, Garage Door Opener, Guest, Off Street, Parking Lot, RV Access/Parking, Secured, Shared Driveway, Varies by Unit

Fence Chain Link

Utilities Available Cable Available, Electricity Available, Electricity Connected, Water Available, Water Connected

Roof Type Shingle

Private Pool No

Building

Lot Description Few Trees, Irregular Lot

Sewer Septic Tank

Water Well

Others

Tax ID 304N24000000100000

Security Features Closed Circuit Camera(s),Fire Alarm,Security Fence,Security Lights,Smoke Detector(s)

Acceptable Financing Cash

Listing Terms Cash

Listed by US REALTY HUB
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(904) 234-0425

stacy@thejaxteam.com

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553597 US-1