JACKSONVILLE, FLA – Prime Realty is pleased to have negotiated the off-market sale of 931 Cedar St a seven unit apartment building in the San Marco neighborhood of Jacksonville. The 4,862 SF building was built in 1941 and contains (5) one bedroom units and (2) studios with an average rent of $875.00.
The apartment building is 100% occupied and sold for $550,000 in a off market deal. The seller has owned the property since 1971 and was interested to see a market value sale in less than six weeks. “We were especially pleased to represent the long-term owner in the quick sale of this distinguished San Marco property” - Prime Realty’s John Rutherford.
For more information about Prime Realty or the sale, please contact Neil Hemenway or John Rutherford.