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Updated about 4 years ago on . Most recent reply

User Stats

205
Posts
282
Votes
Charles A.
  • Rental Property Investor
  • Jacksonville, FL
282
Votes |
205
Posts

8-unit in Jacksonville FL:smash or pass?

Charles A.
  • Rental Property Investor
  • Jacksonville, FL
Posted

List price $695k

Gross rent $65k

Class C neighborhood

100% occupied

75% section 8

Average rent per unit $675

Market rent $750

Request any other details.

  • Charles A.
  • Most Popular Reply

    User Stats

    224
    Posts
    323
    Votes
    Andrew Carlson
    • Rental Property Investor
    • Rochester, MN
    323
    Votes |
    224
    Posts
    Andrew Carlson
    • Rental Property Investor
    • Rochester, MN
    Replied

    @Charles A.

    With a price more than 10 times gross rents I would pass.

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