6535 SWEETBAY Lane, Jacksonville, FL 32244
MULTI_FAMILY - Jacksonville, FL
Property Features for 6535 SWEETBAY Lane
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
The quadplex includes off-street parking in a parking lot setting. Utilities include central electric heating and central air cooling, with public sewer service and a shingle roof. The property is described as lake front, providing additional setting for tenants.
Tenants receive in-unit major appliances including a dishwasher, disposal, electric range, and refrigerator. Property management is in place for ongoing operations.
Key Highlights
- Four‑unit quadplex built in 2023 with all units leased
- 0.19‑acre lot with total building size of 4,104 SF
- Lake front setting and shingle roof
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 | $58.1k | $14.16 |
| − Vacancy | −$6.2k | −$1.50 |
| EGI | $52.0k | $12.66 |
| − OpEx | −$15.6k | −$3.80 |
| NOI | $36.4k | $8.86 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 32244, FL
Market
Vacancy Rate% for Multifamily in South region