New Construction Quadplex with
11486 OAKFIELD Court Jacksonville, FL 32258
11486 OAKFIELD Court, Jacksonville, FL, 32258
$989,900
For Sale
$989,900
New quadplex features four units, each with two bedrooms and two bathrooms, plus washer/dryer connections.
Property Size3,810 SF
Price / SF$259.82
Days on Market726
Property Features for 11486 OAKFIELD Court
General Information
- Standard status
- Active
- Size
- 3,810 SF
- Property subtype
- Multi Family
Listing agency
SUNCOAST PROPERTY MANAGEMENT LLC
(904) 517-5939
Listed by
JAMES NELSON SHEILS · License #3474216
Source
Exitrealty
Added: Jul 26, 2024 Updated: Jul 20 at 11:49PM Checked: Jul 21 at 5:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SUNCOAST PROPERTY MANAGEMENT LLC
Investment Insights
Based on property information with market context.
New construction quadplex offered by Southern Impression Homes. The property includes four residential units, and each unit is designed with an open floor plan featuring two bedrooms and two baths. Interior finishes and features described include knockdown ceilings, textured walls, and vinyl plank flooring. Kitchens are noted with maple cabinetry and granite countertops, along with stainless-steel appliances including a range, range hood, dishwasher, and refrigerator. Each unit also includes washer and dryer connections for convenient laundry setup, and the bathrooms include granite countertops.
The property is located at 11486 OAKFIELD Court in Jacksonville, Florida.
Southern Impression Homes is offering additional incentives in connection with this offering, including free property management for two years and 3 months of rent protection, along with interest rates as low as 4.25% as stated in the remarks.
The property is located at 11486 OAKFIELD Court in Jacksonville, Florida.
Southern Impression Homes is offering additional incentives in connection with this offering, including free property management for two years and 3 months of rent protection, along with interest rates as low as 4.25% as stated in the remarks.
Key Highlights
- New construction quadraplex with 4 units; each unit has 2 bedrooms and 2 bathrooms
- Kitchen features include maple cabinetry, granite countertops, and stainless‑steel appliances (range, range hood, dishwasher, refrigerator)
- Washer and dryer connections are included in each unit
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.2k | $14.76 |
| − Vacancy | −$5.1k | −$1.35 |
| EGI | $51.1k | $13.41 |
| − OpEx | −$15.3k | −$4.02 |
| NOI | $35.8k | $9.39 |
3,810 SF · lease $14.76/SF/yr · vacancy 9.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$511.1K
$447.2K – $596.3K
NOI $35,775 @ 7.0% cap · market cap 3.61%
Second Best
Apartment 5plus
$402.7K
$352.4K – $469.8K
NOI $28,188 @ 7.0% cap · market cap 2.85%
Theoretical Best
Office A
$1.04M
$913.3K – $1.22M
NOI $73,061 @ 7.0% cap · market cap 7.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - New quadplex features four units, each with two bedrooms and two bathrooms, plus washer/dryer connections.
Where is this quadplex located?
The property is located at 11486 OAKFIELD Court Jacksonville, FL.
What is the asking price?
The asking price for this property is $989,900.
What are key features of this property?
This property features: New construction quadraplex with 4 units; each unit has 2 bedrooms and 2 bathrooms; Kitchen features include maple cabinetry, granite countertops, and stainless‑steel appliances (range, range hood, dishwasher, refrigerator); Washer and dryer connections are included in each unit
