Updated Quadplex with Newer
For Sale
$369,000
Pending
5120 WESTCHASE Court, Jacksonville, FL 32210
Residential building with on-site parking, municipal trash collection, and owner-paid water and sewer service.
Property Size2,916 SF
Days on Market183
Property Features for 5120 WESTCHASE Court
General Information
Standard status
Pending
Size
2,916 SF
Property subtype
Quadruplex
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$6,612
Building Details
Building Size
2,916 SF
Year Built
1984
Buildings
1
Listing Agency:
COLDWELL BANKER VANGUARD REALTY
Listed By:
TOBIN BOSSOLA · License #3164103
(904) 910-8084
Source:
Houseandhavenrealty
Added: Apr 10
Changed: Oct 3
Last Checked: Oct 7 at 4:19PM
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 COLDWELL BANKER VANGUARD REALTY
Investment Insights
Based on property information with market context.
Built in 1984, this Jacksonville quadplex contains four residential units, with three currently occupied. All units have received some updating, including newer kitchens in three units. The roof is less than 8 years old, and parking is available for the tenants. Municipal trash service is provided, while the owner pays for water and sewer. The property is located at 5120 WESTCHASE Court in Jacksonville, Florida.
Key Highlights
- Four‑unit Jacksonville quadplex built in 1984
- Three units are currently occupied
- Three units feature newer kitchens; all units have had some updating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,380
Cap Rate
7.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$547,600
$547.6K
Cap Rate 7%
$391,143
$391.1K
Cap Rate 9%
$304,222
$304.2K
Market Conditions
NOI Build-Up for 2,916 SF
Gross rent
$43.0K $14.76/SF
− Vacancy
−$3.9K −$1.35/SF
EGI
$39.1K $13.41/SF
− OpEx
−$11.7K −$4.02/SF
NOI
$27.4K $9.39/SF
Area
ZIP 32210
Vacancy
9.12%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$547,600
Cap Rate 7%
$391,143
Cap Rate 9%
$304,222
Alternative Uses
Best Use
Multifamily LT 5
$391.1K
$342.3K – $456.3K
NOI $27,380 @ 7.0% cap · market cap 7.42%
Second Best
Apartment 5plus
$308.2K
$269.7K – $359.6K
NOI $21,574 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$798.8K
$699.0K – $932.0K
NOI $55,917 @ 7.0% cap · market cap 15.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
564
Businesses Nearby
Explore this area
Business Placement
Demographics for 32210, FL
66,415
Population
29,198
Households
2.3
Avg Household Size
37
Median Age
23%
College-Educated
88%
High-School Grad
21.9 sq mi
ZIP Area
3,033
Density / Sq Mi
$58,215
Median Household Income
$36,997
Median Earnings
$1,205
Median Rent
$205,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Residential building with on-site parking, municipal trash collection, and owner-paid water and sewer service.
Where is this quadplex located?
The property is located at 5120 WESTCHASE Court Jacksonville, FL.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: Four‑unit Jacksonville quadplex built in 1984; Three units are currently occupied; Three units feature newer kitchens; all units have had some updating
