Lot Size: 19.5 AC
The northside is one of Jacksonville's faster growing markets underserved by the needed residential development to support its job growth. The multifamily properties in this area are stabilized and able to achieve annual rent increases. This market is a major port and logistics area for Jacksonville, with several new warehouse facilities under development for companies expanding into Jacksonville. In addition to the job growth, the area provides easy access to Amelia Island/Fernandina Beaches, Jacksonville's International Airport, and several rivers and outdoor activities for residents.
Attractive waterfront multifamily development property a the end of Island Pointe Drive, providing a scenic vista for tenants, as well as, privacy in this semi-secluded area off Broward Road. The property is conveniently located with easy access to I-95 & I-295, providing a twenty minute drive to downtown, and a five minute drive north to the River City Marketplace, a destination shopping center for the northside area. The property is in close proximity to major employment centers - the two major northside ports (Blount Island and Mitsui Osk), the Imeson Business/Industrial Park, and the Tradeport, home of 1.2 million SF Amazon Distribution Facility and many other major companies.