Palm Ridge Corner Apartments Multi-Family Lake City Florida

Sands Investment Group is Pleased to Present Exclusively For Sale the 4,707 SF Palm Ridge Corner Apartments Asset Located at 1380 East Duval Street in Lake City, FL. This Deal Includes Newly Renovated Units Located in an Area That Has a High Demand For Rental Housing and New Development, Providing For a Unique Investment.

• All Units Renovated 2022 / 2023
• Mini Split AC Systems in All Units (Installed 2022)
• City Sewer / City Water
• Laundry Room Onsite
• New Roof Being Installed in November 2023
• Fully Stabilized Asset
• Lake City is Located Off I-10 and I-75 Intersection; Major Travel Routes to Jacksonville, Valdosta, and Tallahassee
• Numerous Employment Opportunities in the Area; Property is Close Proximity to Walmart, Major Hotel Brands, Major Food Chains, Large RV Dealers
• Area Experiencing Increased Demand For Rental Housing and New Development

In Cooperation With SIG RE Services, LLC – Lic. #CQ1055229 BoR: Andrew Ackerman – Lic. FL #BK3369953

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