12-Unit Apartment
For Sale
Contact for pricing
Pending
126 W 6th St, Jacksonville, FL 32206
Three-building affordable housing property governed by an existing LURA, with additional leasing capacity.
Property SizeContact for details
Days on Market144
Property Features for 126 W 6th St
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Multifamily Units
12
Building Details
Buildings
3
Listing Agency:
STA Realty LLC
Listed By:
Bobby Appleby · License #BK3423867
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 3:42PM
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 STA Realty LLC
Investment Insights
Based on property information with market context.
This apartment property comprises three buildings and 12 units, with 4 units currently occupied and 8 units prepared for leasing. The asset operates within an affordable housing framework and is subject to a LURA, which will remain an important consideration in evaluating operations and future rents.
Located at 126 W 6th St in Jacksonville, the property is part of a four-property portfolio in the Springfield area. A tax credit is scheduled to expire on 5/31/24, after which rental rates may be eligible for adjustment. Any revised rates remain subject to HUD approval, and the buyer is responsible for completing due diligence and determining the applicable requirements for 2025.
Located at 126 W 6th St in Jacksonville, the property is part of a four-property portfolio in the Springfield area. A tax credit is scheduled to expire on 5/31/24, after which rental rates may be eligible for adjustment. Any revised rates remain subject to HUD approval, and the buyer is responsible for completing due diligence and determining the applicable requirements for 2025.
Key Highlights
- 12‑unit apartment complex across 3 buildings
- 4 units occupied; 8 units ready to be leased
- Affordable housing property subject to an existing LURA
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
2,462
Businesses Nearby
Explore this area
Business Placement
Demographics for 32206, FL
18,283
Population
9,415
Households
1.9
Avg Household Size
38
Median Age
21%
College-Educated
82%
High-School Grad
6.2 sq mi
ZIP Area
2,949
Density / Sq Mi
$37,585
Median Household Income
$34,353
Median Earnings
$866
Median Rent
$153,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Three-building affordable housing property governed by an existing LURA, with additional leasing capacity.
Where is this apartment building located?
The property is located at 126 W 6th St Jacksonville, FL.
What are key features of this property?
This property features: 12‑unit apartment complex across 3 buildings; 4 units occupied; 8 units ready to be leased; Affordable housing property subject to an existing LURA
