120 Manson Rd Hastings, FL 32145
- Residential income homes
- 700 SF
Current Use by Public Records
- Residential income homes
Property Details for 120 Manson Rd
- Year built
- 2024
- Property size
- 700 SF
- Property type
- Residential income homes
Description
This exceptional investment opportunity presents a portfolio of five newly constructed single-family homes in Hastings, Florida. Located on adjacent lots totaling 7,000 square feet, this Class A multifamily property offers a mix of unit sizes: four 2-bedroom, 2-bathroom homes and one 2-bedroom, 1-bathroom home. Each home boasts approximately 700-884 square feet of living space, featuring durable and low-maintenance construction. The homes are built on slab foundations with 2x6 exterior studs, metal roofs, cementitious fiber board siding, and LVP flooring, minimizing future repair costs. A significant advantage is the inclusion of a one-year builder warranty. The property is zoned residential and benefits from Hastings' projected growth, including a planned St. Johns Technical College satellite campus, increasing the demand for student housing. The convenient location offers easy commuting to St. Augustine (under 30 minutes). This stabilized investment, with an occupancy date of October 1, 2024, presents a compelling opportunity for long-term growth and strong rental income. The asking price is $1,100,000.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hastings
- County
- St. Johns
- State
- Florida
- Longitude
- -81.5055
- Latitude
- 29.7114
